Total number of listed companies on CASE remained 768 in August 2005 compared to the previous month.
There were no new listed companies this month.
Turnover
Total number of trading days in August 2005 amounted to 23 days with total value traded of LE 13,328.47 million. Value traded of listed securities amounted to LE 12,514.22 million, of which shares, bonds and funds represented 97.69%, 2.31% and 0.00% respectively. On the other hand, OTC trading reached LE 814.25 million, which represents 6% of total value traded for the month.
This is in comparison to July 2005, when value traded of listed securities amounted to LE 13,822.57 million, of which shares represented 93.88%, bonds 6.12% and funds 0.00%. In addition, the OTC trading amounted to LE 951.73 million i.e. 6% of total trading (on- and off-exchange trading) which reached LE 14,774.30 million.
Total volume traded (shares & bonds) for this month reached 352.21 million securities.
During August 2005, 257,995 transactions were concluded with an average of 11,217 trades per day, as opposed to 256,118 transactions and an average of 12,196 trades per day in July 2005.
Indices
CASE 30 Price, the official market index, witnessed a 0.52% decrease in August 2005 to reach 4815.46 points and witnessed a 174.78% increase on YoY.
However, the MSCI Egypt index witnessed a 1.26% decrease in August, to close at 568.35 points on 31/08/2005, and a 198.99% increase on a YoY basis.
Price Movements of Selected Shares The ten most active stocks represented 42.97% of the total volume of shares traded and 51.34% of total value of shares traded for the month.
During the month of August, the top ten gainers, on the official CASE market, were (in descending order of price change) Egyptian for Tourism Resorts (+77%), Modern Shorouk Printing & Packaging (+66%), Misr Fertilizers (+57%), El Sabaghon El Motahedon (+52%), Housing & Development Bank (+45%), Port Said National Development Bank (+43%), El Nasr Clothes & Textiles (Kabo) (+40%), Engineering Industries (ICON) (+38%), Suez Canal Bank (+35%) and Misr Cement (Qena) (30%).
The top ten losers were (in ascending order of price change) Egyptians Abroad for Investment & Development (-18%), Raya Holding for Technology and Communications (-17%), Egyptian Commercial Bank (-14%), Misr International Bank (MIBank) (-13%), Giza General Contracting (-10%), Calyon Bank Egypt (-8%), Oriental Weavers (-7%), Egyptian Media Production City (-7%), Development & Engineering Consultants (-7%) and Extracted Oils (-6%).
Market Capitalization
Total market capitalization of shares amounted to LE 344.48 billion as of end of August 2005 compared to LE 343.29 billion in July 2005, representing a 0.3% increase.
The bond capitalization recorded LE 6.43 billion for corporate bonds and LE 33.55 billion for government bonds at the end of August 2005 (Including Treasury Bonds according to Primary Dealers System).
Foreign Participation
In August 2005, foreign investors participated with 27.54% of the total market value traded with net outflows of portfolio foreign investment totaling LE 970 million.
