The Egyptian Exchange (EGX) Monthly Statistical Report January 2016

Total number of listed companies on the main market amounted to 221 at the end of January 2016. Meanwhile, the number of listed companies on Nilex reached 30 at the end of the month.

No company was listed this month.

Total number of trading days in January 2016 amounted to 19 days, with a total value traded of US$ 2,532.49 million (LE 19,576.42 million). Value traded of the main market amounted to US$ 2,216.87 million (LE 17,136.63 million), of which shares, bonds and funds represented 51.14%, 48.86% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 313.32 million (LE 2,422.01 million), which represents 12.37% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 2.30 million (LE 17.78 million) during the month. 

This is in comparison to December 2015, when value traded of the main market amounted to US$ 1,870.78 million (LE 14,461.32 million), of which shares represented 77.48%, bonds 22.52% and funds 0%. In addition, the OTC trading amounted to US$ 206.95 million (LE 1,599.77 million), i.e. 9.92% of total trading (on- and off-exchange trading), which reached US$ 2,086.94 million (LE 16,132.29 million). Additionally, Nilex has recorded a trading value of US$ 9.21 million (LE 71.2 million) during the month.

Total volume traded of the main market for this month reached 4,759.40 million securities. Meanwhile, the total volume traded of the OTC market has reached 105.58 million securities. Nilex has recorded a trading volume of 15.67 million securities.

During January 2016, 426,046 transactions were concluded with an average of 22,423 trades per day, as opposed to 450,219 transactions were concluded with an average of 20,465 trades per day, during December 2015.

EGX 30 index, the official market index, witnessed a decline of 14.46% in January 2016, to close at 5992.72 points and witnessed a YoY a decline of 39.12%. 

Meanwhile, EGX 70 price index witnessed a decline of 6.07% in January 2016, to close at 356 points and witnessed a YoY decline of 38.25%.

Moreover, EGX 100 price index witnessed a decline of 9.48% in January 2016, to close at 716 points and witnessed a YoY decline of 37.47%.

Moreover, EGX 20 Capped index witnessed a decline of 14.43% in January 2016, to close at 6054 points and witnessed a YoY decline of 44.79%.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decline of 14.61% in January 2016, to close at 1247.91 points and witnessed a YoY a decline of 39.91%.

On the other hand, the S&P/EGX ESG index witnessed a decline of 11.77% in January 2016, to close at 892 points and witnessed a YoY decline of 43.65%.

From another perspective, Nile index witnessed a decline of 6.17% in January 2016, to close at 547 points and witnessed a YoY decline of 26.15%.

The ten most active stocks in the main market represented 79.33% of total traded shares' volume and 59.68% of total traded shares' value for this month.

During the month of January the top five gainers, on the main market, were (in descending order of price change) Egyptian Iron & Steel (50.93%), El Wadi Co. For Touristic Investment (48.29%), Golden Coast Company (45.68%), Memphis Pharmaceuticals (27.44%) and El Nasr Clothes & Textiles (Kabo) (26.39%).

The top five losers, on the main market, were (in ascending order of price change) International Co For Investment & Development (-27.77%), GB AUTO (-25.71%), Arabian Cement Company (-24.32%), El Ahram Co. For Printing And Packing (-23.78%) and Egyptian for Developing Building Materials (-23.29%).

Total market capitalization of shares in the main market amounted to US$ 50.6 billion (LE 391.12 billion), as of end of January 2016 compared to US$ 55.6 billion (LE 429.79 billion) in December 2015, representing a decrease of 9%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 126.77 million (LE 0.98 billion) at the end of January 2016.

In January 2015, foreign investors participated with 12.23% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 53.67 million (LE 414.88 million).