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Listing
Total number of listed companies on EGX in July 2009 decreased to 331 companies as opposed to 333 in the previous month.
There were no new listed companies this month.
Turnover
Total number of trading days in July 2009 amounted to 20 days with total value traded of US$ 4,337 million (LE 24,071 million). Value traded of listed securities amounted to US$ 3,946 million (LE 21,900 million), of which shares, bonds and funds represented 86.08%, 13.92% and 0.00%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 391 million (LE 2,172 million), which represents 9% of total value traded for the month.
This is in comparison to June 2009, when value traded of listed securities amounted to US$ 10,148 million (LE 56,829 million), of which shares represented 91.07%, bonds 8.92% and funds 0.01%. In addition, the OTC trading amounted to US$ 617 million (LE 3,456 million) i.e. 6% of total trading (on- and off-exchange trading), which reached US$ 10,765 million (LE 60,285 million).
Total volume traded of listed securities market for this month reached 2,136 million securities.
During July 2009, 1,127,665 transactions were concluded with an average of 56383 trades per day, as opposed to 1,659,744 transactions and an average of 75443 trades per day in June 2009.
Indices
EGX 30 index, the official market index, witnessed a 8.25% increase in July 2009 to reach 6173.61 points and witnessed a YoY decline of 33.27%.
Likewise, EGX 70 price index witnessed a 11.97% increase in July 2009 to reach 697.63 points and witnessed a YoY decline of 25.71%.
Meanwhile, the Dow Jones EGX Egypt Titans 20 index witnessed a 8.95% increase in July, to close at 1286.49 points on 30/07/2009, and a 32.87% decrease on a YoY basis.
Price Movements of Selected Shares
The ten most active stocks represented 45.54% of the total value & 62.48% of the total volume of shares traded for the month.
During the month of July, the top five gainers, on the official EGX market, were (in descending order of price change) Egyptian Real Estate Group Bearer Shares (+206%), Egyptian Real Estate (+115%), Egyptian Real Estate Group (+88%), Zahraa Maadi Investment & Development (+87%) and Rakta Paper Manufacturing (+82%).
The top five losers were (in ascending order of price change) Societe Arabe Internationale De Banque (SAIB) (-19%), El Arabia for Land Reclamation (-18%), Rowad Tourism (Al Rowad) (-17%), Alexandria New Medical Center (-15%), Credit Agricole Egypt (-12%).
Market Capitalization
Total market capitalization of shares amounted to US$ 90.2 billion (LE 500.7 billion) as of end of July 2009 compared to US$ 82.8 billion (LE 463.6 billion) in June 2009, representing an increase of 8%.
The bond capitalization recorded US$ 622 million (LE 3.5 billion) for corporate bonds and US$ 18 billion (LE 102 billion) for government bonds at the end of July 2009 (Including Treasury Bonds according to Primary Dealers System).
Foreign Participation
In July 2009, foreign investors participated with 17.93% of the total market value traded with a net inflow of portfolio foreign investment totaling US$ 35 million (LE 196 million).
