EGPT also got a lift earlier this month after investment bank, EFG-Hermes Holding SAE, one of the marquee members of the EGX30, announced a share repurchase plan. The stock is EGPT’s fifth-largest holding with a 6.4%.
EGPT has gained more than 9% since the start of the year ranking it not only near the top of all single-country emerging markets ETFs, but all non-leveraged ETFs as well.
Market Vectors Egypt ETF
ETF Trends editorial team contributed to this post.
