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The Egyptian Exchange (EGX) Monthly Statistical Report December 2014

Date 19/01/2015

Listing

Total number of listed companies on the main market amounted to 214 at the end of December 2014. Meanwhile, the number of listed companies on Nilex reached 33 at the end of the month.

One company was listed on the main market this month, with a total capital of US$ 10.2 million (LE 72.5 million). Meanwhile, three companies were listed on Nilex this month, with a total capital of US$ 3 million (LE 21.4 million).

Turnover

Total number of trading days in December 2014 amounted to 23 days, with a total value traded of US$ 3,780 million (LE 26,987 million). Value traded of the main market amounted to US$ 3,528 million (LE 25,188 million), of which shares, bonds and funds represented 65.89%, 34.11% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 240 million (LE 1,711 million), which represents 6.34% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 12 million (LE 88 million) during the month.

This is in comparison to November 2014, when value traded of the main market amounted to US$ 2,822 million (LE 20,147 million), of which shares represented 74.42%, bonds 25.58% and funds 0%. In addition, the OTC trading amounted to US$ 119 million (LE 851 million), i.e. 4.04% of total trading (on- and off-exchange trading), which reached US$ 2,946 million (LE 21,036 million). Additionally, Nilex has recorded a trading value of US$ 5 million (LE 38 million) during the month.

Total volume traded of the main market for this month reached 4,552.80 million securities. Meanwhile, the total volume traded of the OTC market has reached 172.2 million securities. Nilex has recorded a trading volume of 38.8 million securities.

During December 2014, 622,789 transactions were concluded with an average of 27,078 trades per day, as opposed to 607,112 transactions were concluded with an average of 28,910 trades per day, during November 2014.

Indices

EGX 30 index, the official market index, witnessed a decline of 4.10% in December 2014, to close at 8926.58 points and witnessed a YoY increase of 31.61% 

Meanwhile, EGX 70 price index witnessed a decline of 11.74% in December 2014, to close at 565.43 points and witnessed a YoY increase of 4.29%

Moreover, EGX 100 price index witnessed a decline of 5.27% in December 2014, to close at 1090.46 points and witnessed a YoY increase of 18.12%.

Moreover, EGX 20 Capped index witnessed a decline of 7.38% in December 2014, to close at 10030.7 points and witnessed a YoY increase of 26.98%.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decline of 3.20% in December 2014, to close at 1893.67 points and witnessed a YoY increase of 28.23%.

On the other hand, the S&P/EGX ESG index witnessed a decline of 10.09% in December 2014, to close at 1492.8 points and witnessed a YoY increase of 40.53%.

From another perspective, Nile index witnessed a decline of 7.45% in December 2014, to close at 748.56 points and witnessed a YoY decline of 35.30%.

Price Movements of Selected Shares

The ten most active stocks in the main market represented 78.22% of total traded shares' volume and 57.62% of total traded shares' value for this month.

During the month of December the top five gainers, on the main market, were (in descending order of price change) Eastern Tobacco (25.12%), Advanced Pharmaceutical Packaging Co. (APP) (22.46%), International Co For Investment & Development (15.92%), Golden Pyramids Plaza (11.63%) and Mansourah Poultry (11.31%).

The top five losers were (in ascending order of price change) Sharm Dreams Co. for Tourism Investment (-33.92%), Maridive & Oil services (-31.71%), El Kahera El Watania Investment (-25.28%), Egypt for Poultry (-25.21%) and Egyptian Chemical Industries (Kima) (-22.99%).

Market Capitalization

Total market capitalization of shares in the main market amounted to US$ 70.03 billion (LE 500.02 billion), as of end of December 2014 compared to US$ 73.11 billion (LE 522.03 billion) in November 2014, representing a decline of 4.2%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 152 million (LE 1.08 billion) at the end of December 2014.

The bond capitalization recorded US$ 209.43 million (LE 1.50 billion) for corporate bonds and US$ 71.19 billion (LE 508.31 billion) for government bonds at the end of December 2014 (Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 700.27 million (LE 5 billion) at the end of December 2014.

Foreign Participation

In December 2014, foreign investors participated with 17.64% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 36.71 million (LE 262.13 million).