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EGX to launch Tamayoz index within days

EGX to launch Tamayoz index within days
The new index will have a base value of 1,000 points

Cairo – Mubasher: The Egyptian Exchange (EGX) approved the mythology of the new Tamayoz index, expected to be launched in the coming days.

The index, which will include eight listed companies, will be used to measure the performance of small- and medium-sized companies, the EGX said in a statement on Wednesday.

The new index will have a base value of 1,000 points and a base date of 1 January 2019.