Free Float, What is it?

Free float is the share of a company actually available to trade in the market, after excluding stakes held by founders, the government, and strategic shareholders that are not for sale. The higher the free float, the more liquid the stock and the harder its price is to manipulate. Indices like the EGX30 weight companies by free float rather than total shares, to reflect the value genuinely available to trade. A stock with a small free float can be volatile and sensitive to small orders. FoudaLens shows the free-float percentage among a stock's data.