{"id":568716,"date":"2020-02-02T04:32:02","date_gmt":"2020-02-02T04:32:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/egx-launches-egx70-equal-weight-index\/"},"modified":"2020-02-02T04:32:02","modified_gmt":"2020-02-02T04:32:02","slug":"egx-launches-egx70-equal-weight-index","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/egx-launches-egx70-equal-weight-index\/","title":{"rendered":"EGX launches EGX70 Equal Weight Index"},"content":{"rendered":"<p><a id=\"tldr-story-05\" class=\"content-anchor\"><\/a> <strong>The bourse is launching today the EGX70 Equal Weight Index (EWI)<\/strong>, which allocates all listed companies an equal weight of c.1.43% of the index on the first day of each quarterly review. This will make the performance of each company within the index, which excludes EGX30 companies, of equal weight. The index will replace the traditional EGX70, and should allow index funds \u2014 or investment funds that track stock exchange indices \u2014 to better measure their performance, reads a <a href=\"https:\/\/ent.news\/2020\/2\/EGX-launches-EGX70-EWI.pdf\">statement from the EGX (pdf)<\/a>. The bourse also issued a short guidebook outlining <a href=\"https:\/\/www.egx.com.eg\/getdoc\/9efa3d27-8d8c-4915-891e-a03448b0123b\/EGX-70-EWI-criteria-methodology-Arabic-2.aspx\">its methodology (pdf)<\/a>.<\/p>\n<p><strong>The S&P 500 also has an equally-weighted counterpart that allocates each constituent 0.2%. <\/strong>MSCI also has several <a href=\"https:\/\/www.msci.com\/msci-equal-weighted-indexes\">equally-weighted versions<\/a>, including the MSCI USA Equal Weighted Index.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bourse is launching today the EGX70 Equal Weight Index (EWI), which allocates all listed companies an equal weight of c.1.43% of the index on the first day of each quarterly review. This will make the performance of each company within the index, which excludes EGX30 companies, of equal weight. The index will replace the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568716","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"feda6819-c083-4d58-b3fb-5b1e25bfcdb2","is_powered_by":true,"section_story_id":"e3e1b02a-ace4-4ef7-b2cb-0c4e702e300a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[568696],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EGX launches EGX70 Equal Weight Index - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/egx-launches-egx70-equal-weight-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGX launches EGX70 Equal Weight Index\" \/>\n<meta property=\"og:description\" content=\"The bourse is launching today the EGX70 Equal Weight Index (EWI), which allocates all listed companies an equal weight of c.1.43% of the index on the first day of each quarterly review. This will make the performance of each company within the index, which excludes EGX30 companies, of equal weight. 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