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The Egyptian Exchange (EGX) Monthly Statistical Report April 2014

Date 13/05/2014

Listing

Total number of listed companies on the main market amounted to 213 at the end of April 2014. Meanwhile, the number of listed companies on Nilex reached 24 at the end of the month.

No company was listed this month.

Turnover

Total number of trading days in April 2014 amounted to 19 days, with a total value traded of US$ 2,919 million (LE 20,429 million.).

Value traded of the main market amounted to US$ 2,823 million (LE 19,755 million), of which shares, bonds and funds represented 75.60%, 24.40% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 91 million (LE 634 million), which represents 3.11% of total value traded for the month.  Additionally, Nilex has recorded a trading value of US$ 6 million (LE 40 million) during the month.

 

Total number of trading days in March 2014 amounted to 22 days with a total value traded of US$ 4,624 million (LE 32,174 million.).

Value traded of the main market amounted to US$ 4,212 million (LE 29,308 million), of which shares, bonds and funds represented 82.71%, 17.29% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 398 million (LE 2,768 million), which represents 8.60% of total value traded for the month.  Additionally, Nilex has recorded a trading value of US$ 14 million (LE 98 million) during the month.

 

Total volume traded of the main market for this month reached 4,750 million securities. Meanwhile, the total volume traded of the OTC market has reached 56 million securities. Nilex has recorded a trading volume of 13 million securities.

 

During April 2014, 592,904 transactions were concluded with an average of 31,205 trades per day, as opposed to 888,816 transactions were concluded with an average of 40,400 trades per day, during March 2014

Indices

EGX 30 index, the official market index, witnessed an increase of 5.78% in April 2014 to reach 8256.14 points and witnessed a YoY increase of 58.88% 

Meanwhile, EGX 70 price index witnessed an increase of 2.35% in April 2014 to reach 609.4 points and witnessed a YoY increase of 35.79%

Moreover, EGX 100 price index witnessed an increase of 2.21% in April 2014 to reach 1064.32 points and witnessed a YoY increase of 42.73 %.

Moreover, EGX 20 Capped index witnessed an increase of 4.76% in April 2014 to reach 9,851.11 points and witnessed a YoY increase of 64.56%.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed an increase of 4.79% in April 2014, to close at 1,734.78 points and witnessed a YoY increase of 51.38%.

On the other hand, the S&P/EGX ESG index witnessed an increase of 7.98% in April 2014, to close at 1,489.43 points and witnessed a YoY increase of 76.00%.

From another perspective, Nile index witnessed a decline of 9.62% in April 2014, to close at 845.27 points and witnessed a YoY decline of 4.41%.

Price Movements of Selected Shares

The ten most active stocks in the main market represented 81.59% of total traded shares' volume and 57.04% of total traded shares' value for this month.

During the month of April, the top five gainers, on the main market, were (in descending order of price change) Delta Construction & Rebuilding (33.75%), Naeem Holding (26.83%), National Real Estate Bank for Development (25.23%), Mansourah Poultry (21.42%) and Global Telecom Holding (17.16%)

The top five losers were (in ascending order of price change) Rights Issue of Northern Upper Egypt Development and Agriculture (-90.06%), Reacap Financial Investments (-19.22%), GMC Group for Industrial, Commercial & Financial Investments (-16.80%), Egyptian Arabian (cmar) Securities Brokerage EAC (-15.23%) and El Orouba Securities Brokerage (-15.04%).

Market Capitalization

Total market capitalization of shares in the main market amounted to US$ 68.31 (LE 478.03 billion), as of end of April 2014 compared to US$ 67.48 (LE 469.52 billion) in March 2014, representing an increase of 1.81%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 170.61 million (LE 1.19 billion) at the end of April 2014.

 

The bond capitalization recorded US$ 587.77 million (LE 4.11 billion) for corporate bonds and US$ 59.30 billion (LE 414.98 billion) for government bonds at the end of April 2014 (Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 714.53 million (LE 5 billion) at the end of April 2014.

Foreign Participation

In April 2014, foreign investors participated with 15.07% of the value traded of the main market, with a net inflow of portfolio foreign investment totaling US$ 121.42 million (LE 849.65 million).