The Egyptian Exchange (EGX) Monthly Statistical Report February 2017

Total number of listed companies on the main market amounted to 224 at the end of February 2017. Meanwhile, the number of listed companies on Nilex reached 32 at the end of the month.

One company was listed on the main market this month, with a total capital of US$ 142.21 million (LE 2.25 billion).

Total number of trading days in February 2017 amounted to 20 days, with a total value traded of US$ 2,509.21 million (LE 39,699.22 million). Value traded of the main market amounted to US$ 1,698.01 million (LE 26,864.82 million), of which shares, bonds and funds represented 98.21%, 1.79% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 805.30 million (LE 12,741 million), which represents 32.09% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 5.90 million (LE 93.41 million) during the month.

This is in comparison to January 2016, when value traded of the main market amounted to US$ 1,685.13 million (LE 31,705.34 million), of which shares represented 97.61%, bonds 2.39% and funds 0%. In addition, the OTC trading amounted to US$ 27.99 million (LE 526.64 million), i.e. 1.63% of total trading (on- and off-exchange trading), which reached US$ 1,718.64 million (LE 32,335.80 million). Additionally, Nilex has recorded a trading value of US$ 5.52 million (LE 103.83 million) during the month.

Total volume traded of the main market for this month reached 5,568.61 million securities. Meanwhile, the total volume traded of the OTC market has reached 84.57 million securities. Nilex has recorded a trading volume of 75.13 million securities.

During February 2017, 630,708 transactions were concluded with an average of 31,535 trades per day, as opposed to 760,518 transactions were concluded with an average of 36,215 trades per day, during January 2017.

EGX 30 index, the official market index, witnessed a decrease of 5.80% in February 2017, to close at 11937.67 points and witnessed a YoY increase of 94.21%. 

Meanwhile, EGX 70 price index witnessed an increase of 0.94% in February 2017, to close at 473.36 points and witnessed a YoY increase of 34.84%.

Moreover, EGX 100 price index witnessed a decrease of 1.48% in February 2017, to close at 1140.77 points and witnessed a YoY increase of 57.77%.

Moreover, EGX 20 Capped index witnessed a decline of 6.39% in February 2017, to close at 11142.07 points and witnessed a YoY increase of 81.46%.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decrease of 5.05% in February 2017, to close at 2547.32 points and witnessed a YoY increase of 98.63%.

On the other hand, the S&P/EGX ESG index witnessed a decrease of 5.31% in February 2017, to close at 1621.2 points and witnessed a YoY increase of 78.87%.

Furthermore, the EGX50 EWI index witnessed a decrease of 2.21% in February 2017, to close at 1862.84 points and witnessed a YoY increase of 62.06%.

From another perspective, Nile index witnessed a decline of 8.06% in February 2017, to close at 596.53 points and witnessed a YoY increase of 6.47%.

The ten most active stocks in the main market represented 75.2% of total traded shares' volume and 60.2% of total traded shares' value for this month.

During the month of February the top five gainers, in the main market, were (in descending order of price change) Misr Fretilizers Production Company-Mopco (77.41%), National Housing for Professional Syndicates (48.3%), El Ezz Porcelain (Gemma) (32.1%), Middle Egypt Flour Mills (30.03%) and Egyptian Chemical Industries (Kima) (29.96%).

The top five losers, in the main market, were (in ascending order of price change) AJWA for Food Industries Company-Egypt (-23.18%), Belton Financial Holding (-21.41%), Suez Canal Bank (-21.04%), El Obour Real Estate Investment (-21.04%) and Remco for Touristic Villages Construction (-20.78%).

Total market capitalization of shares in the main market amounted to US$ 37.22 billion (LE 588.81 billion), as of end of February 2017 compared to US$ 32.57 billion (LE 612.72 billion) in January 2017, representing a decrease of 3.90%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 80.88 million (LE 1.28 billion) at the end of February 2017.

In February 2017, foreign investors participated with 29.61% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 194.80 million (LE 3.08 billion). Worth mentioning that foreigners have realized a net inflow of portfolio foreign investment totaling US$ 10.43 million (LE 164.97 million) after excluding deals during February 2017.