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The Egyptian Exchange (EGX) Monthly Statistical Report March 2017

Date 06/04/2017

Listing

Total number of listed companies on the main market amounted to 224 at the end of March 2017. Meanwhile, the number of listed companies on Nilex reached 33 at the end of the month. 

One company was listed on Nilex this month, with a total capital of US$ 1.49 million (LE 27 million).

Turnover

Total number of trading days in March 2017 amounted to 22 days, with a total value traded of US$ 1,831.81 million (LE 33,228.37 million). Value traded of the main market amounted to US$ 1,719 million (LE 31,181.96 million), of which shares, bonds and funds represented 97.17%, 2.83% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 108.06 million (LE 1,960.09 million), which represents 5.90% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 4.76 million (LE 86.33 million) during the month.

This is in comparison to February 2017, when value traded of the main market amounted to US$ 1,698.01 million (LE 26,864.82 million), of which shares represented 98.21%, bonds 1.79% and funds 0%. In addition, the OTC trading amounted to US$ 805.30 million (LE 12,741 million), i.e. 32.09% of total trading (on- and off-exchange trading), which reached US$ 2,509.21 million (LE 39,699.22 million). Additionally, Nilex has recorded a trading value of US US$ 5.90 million (LE 93.41 million) during the month.

Total volume traded of the main market for this month reached 5,733.21 million securities. Meanwhile, the total volume traded of the OTC market has reached 160.09 million securities. Nilex has recorded a trading volume of 46.61 million securities.

During March 2017, 680,874 transactions were concluded with an average of 30,949 trades per day, as opposed to 630,708 transactions were concluded with an average of 31,535 trades per day, during February 2017.

Indices

EGX 30 index, the official market index, witnessed an increase of 8.86% in March 2017, to close at 12994.8 points and witnessed a YoY increase of 72.69%. 

Meanwhile, EGX 70 price index witnessed an increase of 20.35% in March 2017, to close at 569.69 points and witnessed a YoY increase of 55.12%.

Moreover, EGX 100 price index witnessed an increase of 16.39% in March 2017, to close at 1327.74 points and witnessed a YoY increase of 67.60%.

Moreover, EGX 20 Capped index witnessed an increase of 11.61% in March 2017, to close at 12435.35 points and witnessed a YoY increase of 53.48%.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed an increase of 8.78% in March 2017, to close at 2771.1 points and witnessed a YoY increase of 76.83%.

On the other hand, the S&P/EGX ESG index witnessed an increase of 15.65% in March 2017, to close at 1874.92 points and witnessed a YoY increase of 67.59%.

Furthermore, the EGX50 EWI index witnessed an increase of 11.18% in March 2017, to close at 2071.13 points and witnessed a YoY increase of 45.17%.

From another perspective, Nile index witnessed a decline of 6.49% in March 2017, to close at 557.82 points and witnessed a YoY decrease of 11.84%.

Price Movements of Selected Shares

The ten most active stocks in the main market represented 68.22% of total traded shares' volume and 56.54% of total traded shares' value for this month.

During the month of March the top five gainers, in the main market, were (in descending order of price change) National Company for Maize Products (141.19%), Egyptian Starch & Glucose (116.69%), Egypt Aluminum (113.94%), Acrow Misr (77.21%) and Arab Aluminum (65.11%).

The top five losers, in the main market, were (in ascending order of price change) Cairo Educational Services (-17.11%), TransOceans Tours (-16.67%), Grand Investment Capital (-10.71%), Sues Canal Company for Technology Settling (-8.45%) and Rubex International for Plastic and Acrylic Manufacturing (-4.43%).

Market Capitalization

Total market capitalization of shares in the main market amounted to US$ 36.11 billion (LE 654.98 billion), as of end of March 2017 compared to US$ 37.22 billion (LE 588.81 billion) in February 2017, representing an increase of 11.24%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 72.28 million (LE 1.31 billion) at the end of March 2017.

Foreign Participation

In March 2017, foreign investors participated with 39.12% of the value traded of the main market, with a net inflow of portfolio foreign investment totaling US$ 69.78 million (LE 1.27 billion).