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Unformatted text preview: securities, which are: Equities (Common or Preferred), Close-end mutual funds, and fixed income (Corporate bonds). In addition, the prices of the shares traded in the Egyptian Exchange are decided by supply and demand. b. What is meant by EGX 30? EGX 30 is an index that is weighted by market capitalization, is calculated by the EGX, and it lists the top 30 liquid and active companies, and these companies must have at least 15% free float (exchange rate in the absence of government intervention) Question 2: Please classify the following institutions into direct or indirect finance institutions; Institution Name Direct Indirect a. EGX b. Misr Insurance c. Citadel Capital Company d. CIB...
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- Spring '12
- high ethical standards, EGX, Egyptian Exchange, Alexandria Stock Exchange, indirect finance institutions