{"id":684671,"date":"2026-02-01T00:00:00","date_gmt":"2026-02-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/01\/edita-kima-heliopolis-housing-and-orascom-investment-holding-join-the-egx30-in-semi-annual-shuffle\/"},"modified":"2026-02-01T00:00:00","modified_gmt":"2026-02-01T00:00:00","slug":"edita-kima-heliopolis-housing-and-orascom-investment-holding-join-the-egx30-in-semi-annual-shuffle","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/01\/edita-kima-heliopolis-housing-and-orascom-investment-holding-join-the-egx30-in-semi-annual-shuffle\/","title":{"rendered":"Edita, Kima, Heliopolis Housing, and Orascom Investment Holding join the EGX30 in semi-annual shuffle"},"content":{"rendered":"

EGX30 is getting a facelift on 1 February<\/strong>, with its latest semi-annual set to say goodbye to four new constituents that will exit the benchmark EGX30 index and be replaced by four newcomers, according to an EGX disclosure (pdf)<\/a>.<\/p>\n

Who\u2019s out: <\/strong>It\u2019s a tough review for the petrochemicals and banking sectors. Sidpec, Mopco, and Credit Agricole are all departing the index, alongside real estate player Madinet Masr.<\/p>\n

Who\u2019s in:<\/strong> Taking their places are snacks giant Edita, Heliopolis Housing, Kima, and Orascom Investment Holding.<\/p>\n

Why it matters:<\/strong> Funds that track the EGX30 are mandated to reflect these changes. Expect selling pressure on the exits and buying interest in the entrants as portfolio managers rebalance their holdings to match the new weights by the start of next month.<\/p>\n

Sound smart:<\/strong> The EGX30 selects the market\u2019s top 30 companies primarily based on liquidity and activity, filtering for firms that trade on at least 95% of sessions and meet strict thresholds for freefloat, turnover ratio, and daily trading value. Eligible candidates are ranked by their average daily trading value, with the top 27 automatically qualifying and the final three spots selected from those ranked 28-33 \u2014 prioritizing existing constituents to ensure index stability. To preserve diversity, no single sector is allowed more than five representatives. <\/p>\n

** Want to dive deeper?<\/strong> Check the eligibility criteria here (pdf)<\/a>.<\/p>\n

(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"

The changes will trigger mandatory portfolio adjustments for passive funds<\/p>\n","protected":false},"author":1,"featured_media":684672,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7303],"tags":[102,191,68,72,12532,253,618],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-684671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-capital-markets","tag-capital-markets","tag-edita","tag-egx","tag-enterpriseam","tag-heliopolis-housing","tag-kima","tag-orascom-investment-holding","wpautop","entry"],"acf":{"mongo_id":"c72c7568-8aab-456c-89d6-606845e88f12","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/242.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Edita, Kima, Heliopolis Housing, and Orascom Investment Holding join the EGX30 in semi-annual shuffle","related_issue":[684657],"teaser":"The changes will trigger mandatory portfolio adjustments for passive funds"},"yoast_head":"\nEdita, Kima, Heliopolis Housing, and Orascom Investment Holding join the EGX30 in semi-annual shuffle - 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Regional investors were the sole net sellers. The index is up 30.2% YTD.In the green: Kima (+5.4%), Arabian Cement Company (+3.8%), and Heliopolis Housing (+3.1%).In the red: TMG Holding (-1.8%), Edita (-1.7%),\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":685420,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/05\/what-the-markets-are-doing-on-5-march-2026\/","url_meta":{"origin":684671,"position":1},"title":"What the markets are doing on 5 March 2026","author":"enterpriseam admin","date":"5 March 2026","format":false,"excerpt":"The EGX30 rose 2.3% at today\u2019s close on turnover of EGP 6.8 bn (7.0% above the 90-day average). Local investors were the sole net buyers. The index is up 13.6% YTD.In the green: Palm Hills Developments (+6.6%), Qalaa Holdings (+5.9%), and Edita (+5.5%).In the red: Kima (-3.4%), Raya Holding (-1.7%),\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573387,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/egyptian-steel-edita-beltone-now-listed-on-rebalanced-egx30\/","url_meta":{"origin":684671,"position":2},"title":"Egyptian Steel, Edita, Beltone now listed on rebalanced EGX30","author":"enterpriseam admin","date":"4 August 2020","format":false,"excerpt":"The EGX30 swapped five companies in its regular rebalancing last week. The full rundown of the rebalancing is here (pdf). Who\u2019s out: Orascom Construction, Alexandria Mineral Oils Company, Egyptian Resorts Company, Kima, and Porto Group. Who\u2019s in: Edita, Egyptian Steel, Oriental Weavers, the Export Development Bank, and Beltone.","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":590510,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/19\/what-the-markets-are-doing-on-19-july-2023\/","url_meta":{"origin":684671,"position":3},"title":"What the markets are doing on 19 July, 2023","author":"enterpriseam admin","date":"19 July 2023","format":false,"excerpt":"The EGX30 fell 0.2% at today\u2019s close on turnover of EGP 1.59 bn (17.5% below the 90-day average). Local investors were net sellers. The index is up 20.4% YTD. In the green: Orascom Construction (+2.3%), EFG Holding (+1.0%) and Edita (+0.7%). In the red: Heliopolis Housing (-1.9%), Qalaa Holdings (-1.6%)\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603836,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/what-the-markets-are-doing-on-21-august-2023\/","url_meta":{"origin":684671,"position":4},"title":"What the markets are doing on 21 August, 2023","author":"enterpriseam admin","date":"21 August 2023","format":false,"excerpt":"EARNINGS WATCH- Chemical Industries Holdings\u2019 subsidiary, Egyptian Chemical Industries (Kima) reported EGP 1.19 bn in net income in 4Q 2023, up 83% y-o-y, according to the company\u2019s earnings release (pdf). Revenues climbed 49% y-o-y to EGP 6.61 bn during the same period. The EGX30 fell 0.6% at today\u2019s close on\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605425,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/30\/what-the-markets-are-doing-on-30-august-2023\/","url_meta":{"origin":684671,"position":5},"title":"What the markets are doing on 30 August, 2023","author":"enterpriseam admin","date":"30 August 2023","format":false,"excerpt":"The EGX30 rose 1.0% at today\u2019s close on turnover of EGP 2.3 bn (11% above the 90-day average). Regional investors were net sellers. The index is up 28.9% YTD. In the green: CIB (+3.3%), Heliopolis Housing (+2.5%) and Edita (+2.2%). In the red: Orascom Construction (-3.4%), Alexandria Containers (-3.3%) and\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/684671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=684671"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/684671\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/684657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/684672"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=684671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=684671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=684671"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=684671"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=684671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}