Listing
Total number of listed companies on EGX in April 2010 decreased to 218 companies as opposed to 219 in the previous month.
There were no new listed companies this month.
Turnover
Total number of trading days in April 2010 amounted to 18 days with a total value traded of US$ 5,443.99 million (LE 30,268.60 million). Value traded of listed securities amounted to US$ 5,177.24 million (LE 28,785.47 million), of which shares, bonds and funds represented 88.95%, 11.05% and 0.00%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 266.75 million (LE 1,483.13 million), which represents 5% of total value traded for the month.
This is in comparison to March 2010, when value traded of listed securities amounted to US$ 4,303.31 million (LE 23,711.25 million), of which shares represented 80.99%, bonds 19.01% and funds 0.00%. In addition, the OTC trading amounted to US$ 531.07 million (LE 2,926.18 million) i.e. 11% of total trading (on- and off-exchange trading), which reached US$ 4,834.38 million (LE 26,637.43 million).
Total volume traded of listed securities market for this month reached 2,977.80 million securities.
During April 2010, 1,002,273 transactions were concluded with an average of 55,682 trades per day, as opposed to 960,838 transactions and an average of 41,776 trades per day in March 2010.
Indices
EGX 30 index, the official market index, witnessed a 9.49% increase in April 2010 to reach 7451.72 points and witnessed a YoY increase of 43.54%.
Meanwhile, EGX 70 price index witnessed a 0.34% increase in April 2010 to reach 717.65 points and witnessed a YoY increase of 23.82%.
Moreover, EGX 100 price index witnessed a 0.79% increase in April 2010 to reach 1169.98 points and witnessed a YoY increase of 25.16%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a 9.49% increase in April, to close at 1579.96 points on 29/04/2010 and witnessed a YoY increase of 50.48 %.
On the other hand, the S&P/EGX ESG index witnessed a 4.56% increase in April, to close at 1114.32 points and witnessed a YoY increase of 36.92%.
Price Movements of Selected Shares
The ten most active stocks represented 60.52% of the total value & 69.53% of the total volume of shares traded for the month.
During the month of April, the top five gainers, on the official EGX market, were (in descending order of price change) Arab Investment Urbanization (+117%), Alexandria Cement (+58%), El Orouba Securities Brokerage (+46%), Misr Hotels (+41%) and Egyptian for Tourism Resorts (+39%).
The top five losers were (in ascending order of price change) Alexandria New Medical Center (-16%), Alexandria National Company for Financial Investment (-14%), Rakta Paper Manufacturing (-13%), El Arabia Engineering Industries (-10%) and Orascom Development Holding (AG) (-10%).
Market Capitalization
Total market capitalization of shares amounted to US$ 86.6 billion (LE 481.4 billion) as of end of April 2010 compared to US$ 83.6 billion (LE 460.7 billion) in March 2010, representing an increase of 4.5%.
The bond capitalization recorded US$ 807 million (LE 4.5 billion) for corporate bonds and US$ 27 billion (LE 150.3 billion) for government bonds at the
Foreign Participation
In April 2010, foreign investors participated with 30.58% of the total market value traded, with a net inflow of portfolio foreign investment totaling US$ 135 million (LE 749 million).
