The Egyptian Exchange (EGX) Monthly Statistical Report January 2017

Total number of listed companies on the main market amounted to 223 at the end of January 2017. Meanwhile, the number of listed companies on Nilex reached 32 at the end of the month.

No companies were listed this month.

Total number of trading days in January 2017 amounted to 21 days, with a total value traded of US$ 1,718.64 million (LE 32,335.80 million). Value traded of the main market amounted to US$ 1,685.13 million (LE 31,705.34 million), of which shares, bonds and funds represented 97.61%, 2.39% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 27.99 million (LE 526.64 million), which represents 1.63% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 5.52 million (LE 103.83 million) during the month.

This is in comparison to December 2016, when value traded of the main market amounted to US$ 1,963.82 million (LE 35,872.09 million), of which shares represented 86.06%, bonds 13.94% and funds 0%. In addition, the OTC trading amounted to US$ 110.21 million (LE 2,013.23 million), i.e. 5.30% of total trading (on- and off-exchange trading), which reached US$ 2,080.17 million (LE 37,997.41 million). Additionally, Nilex has recorded a trading value of US$ 6.14 million (LE 112.09 million) during the month.

Total volume traded of the main market for this month reached 9,774.65 million securities. Meanwhile, the total volume traded of the OTC market has reached 63.55 million securities. Nilex has recorded a trading volume of 74.36 million securities.

During January 2017, 760,518 transactions were concluded with an average of 36,215 trades per day, as opposed to 734,300 transactions were concluded with an average of 36,715 trades per day, during December 2016.

EGX 30 index, the official market index, witnessed an increase of 2.65% in January 2017, to close at 12,672.49 points and witnessed a YoY increase of 111.46%. 

Meanwhile, EGX 70 price index witnessed an increase of 1.19% in January 2017, to close at 468.95 points and witnessed a YoY increase of 31.73%.

Moreover, EGX 100 price index witnessed an increase of 5.65% in January 2017, to close at 1,157.9 points and witnessed a YoY increase of 61.72%.

Moreover, EGX 20 Capped index witnessed a decline of 3.52% in January 2017, to close at 11,902.61 points and witnessed a YoY increase of 96.60%.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed an increase of 2.66% in January 2017, to close at 2,682.89 points and witnessed a YoY increase of 114.99%.

On the other hand, the S&P/EGX ESG index witnessed an increase of 1.05% in January 2017, to close at 1,712.06 points and witnessed a YoY increase of 92.04%.

Furthermore, the EGX50 EWI index witnessed a decrease of 1.03% in January 2017, to close at 1,904.98 points and witnessed a YoY increase of 73.66%.

From another perspective, Nile index witnessed a decline of 2.19% in January 2017, to close at 648.86 points and witnessed a YoY increase of 18.64%.

The ten most active stocks in the main market represented 79.19% of total traded shares' volume and 57.26% of total traded shares' value for this month.

During the month of January the top five gainers (excluding deals & OPR), on the main market, were (in descending order of price change) Ismailia National Food Industries (59.62%), Asek Company for Mining - Ascom (52.45%), Remco for Touristic Villages Construction (38.59%), Suez Canal Bank (34.11%) and Faisal Islamic Bank of Egypt - In EGP (27.95%).

The top five losers, on the main market, were (in ascending order of price change) El Ezz Porcelain (Gemma) (-24.09%), Cairo Oils & Soap (-23.38%), Atlas for Land Reclamation and Agricultural Processing (-22.34%), Samad Misr -EGYFERT (-21.39%) and Cleopatra Hospital Company (-20.05%).

Total market capitalization of shares in the main market amounted to US$ 32.57 billion (LE 612.72 billion), as of end of January 2017 compared to US$ 32.93 billion (LE 601.49 billion) in December 2016, representing an increase of 1.87%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 73.69 million (LE 1.39 billion) at the end of January 2017.

In January 2017, foreign investors participated with 22.51% of the value traded of the main market, with a net inflow of portfolio foreign investment totaling US$ 90.48 million (LE 1,702.37 million).