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Listing
Total number of listed companies on the main market amounted to 214 at the end of August 2011. Meanwhile, the number of listed companies on Nilex reached 20 at the end of August 2011.
Two new companies were listed on the main market this month, with a total capital of US$ 47.1 million (LE 280 million).
Turnover
Total number of trading days in August 2011 amounted to 21 days with a total value traded of US$ 2,094.98 million (LE 12,471.40 million). Value traded of the main market amounted to US$ 1,919.04 million (LE 11,424.07 million), of which shares, bonds and funds represented 58.76%, 41.24% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 171.52 million (LE 1,021.06 million), which represents 8.19% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 4.41 million (LE 26.26 million) during the month.
This is in comparison to July 2011, when value traded of the main market amounted to US$ 1,480.44 million (LE 8,817.50 million), of which shares represented 95.22%, bonds 4.76% and funds 0.02%. In addition, the OTC trading amounted to US$ 178.91 million (LE 1,065.61 million) i.e. 10.78% of total trading (on- and off-exchange trading), which reached US$ 1,660.15 million (LE 9,887.83 million). Additionally, Nilex has recorded a trading value of US$ 0.79 million (LE 4.72 million) during the month.
Total volume traded of the main market for this month reached 1,408.75 million securities. Meanwhile, the total volume traded of the OTC market has reached 133.82 million securities. Nilex has recorded a trading volume of 6.22 million securities.
During August 2011, 434,714 transactions were concluded with an average of 20,701 trades per day, as opposed to 592,416 transactions and an average of 29,621 trades per day in July 2011.
Indices
EGX 30 index, the official market index, witnessed a decrease of 7.86% in August 2011 to reach 4639.64 points and witnessed a YoY decrease of 27.60%.
Meanwhile, EGX 70 price index witnessed a decrease of 8.19% in August 2011 to reach 589.07 points and witnessed a YoY decline of 0.15%.
Moreover, EGX 100 price index witnessed a decrease of 8.81% in August 2011 to reach 870.03 points and witnessed a YoY decrease of 11.90%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decrease of 7.30% in August, to close at 1022.51 points on 29/08/2011 and witnessed a YoY decrease of 25.92%.
On the other hand, the S&P/EGX ESG index witnessed a decrease of 9.58% in August, to close at 782.17 points and witnessed a YoY decrease of 20.47%.
Price Movements of Selected Shares
The ten most active stocks in the main market represented 43.63% of the total value & 64.50% of the total volume of shares traded for the month.
During the month of August, the top five gainers, on the main market, were (in descending order of price change) Ismailia Development and Real Estate Co. (+216.50%), Egyptian Electrical Cables (+26.14%), El Arabia for Land Reclamation (+20.43%), Abou Kir Fertilizers (+18.16%) and Rowad Misr Tourism Investment (+16.12%).
The top five losers were (in ascending order of price change) Ismailia Misr Poultry (-30.14%), Mansourah Poultry (-26.46%), Orascom Development Holding (AG) (-26.08%), Egyptian Arabian (cmar) Securities Brokerage EAC (-25.13%) and Ceramic & Porcelain (-25.06%).
Market Capitalization
Total market capitalization of shares in the main market amounted to US$ 60.03 billion (LE 357.38 billion) as of end of August 2011 compared to US$ 64.49 billion (LE 384.10 billion) in July 2011, representing a decline of 7%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 180.21 million (LE 1,072.78 million) at the end of August 2011.
The bond capitalization recorded US$ 1.15 billion (LE 6.85 billion) for corporate bonds and US$ 35.83 billion (LE 213.32 billion) for government bonds at the end of August 2011 (Including Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 839.91 million (LE 5 billion) at the end of August 2011.
Foreign Participation
In August 2011, foreign investors participated with 16.79% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 9.23 million (LE 54.93 million).
