Total number of listed companies on CASE in November 2005 decreased to 760 companies as opposed to 761 in the previous month.
There was one new listed company this month with total capitalization of LE 13 million.
Turnover
Total number of trading days in November 2005 amounted to 20 days with total value traded of LE 14,813.11 million. Value traded of listed securities amounted to LE 14,172.91 million, of which shares, bonds and funds represented 96.04%, 3.96% and 0.00% respectively. On the other hand, OTC trading reached LE 640.20 million, which represents 4% of total value traded for the month.
This is in comparison to October 2005, when value traded of listed securities amounted to LE 13,723.12 million, of which shares represented 94.21%, bonds 5.79% and funds 0.00%. In addition, the OTC trading amounted to LE 940.90 million i.e. 6% of total trading (on- and off-exchange trading) which reached LE 14,664.02 million.
Total volume traded (shares & bonds) for this month reached 360.21 million securities.
During November 2005, 369,566 transactions were concluded with an average of 18,478 trades per day, as opposed to 432,063 transactions and an average of 20,574 trades per day in October 2005.
Indices
CASE 30 Price, the official market index, witnessed a 1.3% decrease in November 2005 to reach 5550.60 points and witnessed a 135% increase on YoY.
However, the MSCI Egypt index witnessed a 0.37% decrease in November, to close at 637.80 points on 30/11/2005, and a 151.12% increase on a YoY basis.
Price Movements of Selected Shares
The ten most active stocks represented 60.72% of the total volume of shares traded and 61.90% of total value of shares traded for the month.
During the month of November, the top ten gainers, on the official CASE market, were (in descending order of price change) Modern Company for Water Proofing (+1030%), Egyptians Abroad for Investment & Development (+120%), Nile Metallurgical Industries (+100%), Industrial & Engineering Projects (+97%), Engineering Industries (ICON) (+87%), Egyptian for Tourism Resorts (+86%), National Housing for Professional Syndicates (+70%), Upper Egypt Contracting (+69%), United Housing & Development (+63%) and Egyptian Saudi Finance Bank (+52%).
The top ten losers were (in ascending order of price change) El Ahli Investment and Development (-37%), Arab Polvara Spinning & Weaving Co. (-27%), Nile Cotton Ginning (-25%), El Ezz Porcelain (Gemma) (-16%), Orascom Hotels and Development (-15%), Extracted Oils (-14%), Raya Holding for Technology and Communications (-14%), Arab Cotton Ginning (-13%), Nile Pharmaceuticals (-13%) and Sidi Kerir Petrochemicals (-13%).
Market Capitalization
Total market capitalization of shares amounted to LE 393.75 billion as of end of November 2005 compared to LE 394.41 billion in October 2005, representing a 0.17% decrease.
The bond capitalization recorded LE 6.4 billion for corporate bonds and LE 43.83 billion for government bonds at the end of November 2005 (Including Treasury Bonds according to Primary Dealers System).
Foreign Participation
In November 2005, foreign investors participated with 34.66% of the total market value traded with net outflows of portfolio foreign investment totaling LE 94 million.
