The Egyptian Exchange (EGX) Monthly Statistical Report May 2017

Total number of listed companies on the main market amounted to 222 at the end of May 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 May 2017 amounted to 22 days, with a total value traded of US$ 2,109.87 million (LE 38,160.8 million). Value traded of the main market amounted to US$ 1,571.85 million (LE 28,429.71 million), of which shares, bonds and funds represented 94.45%, 5.55% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 535.28 million (LE 9,681.43 million), which represents 25.37% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 2.75 million (LE 49.67 million) during the month.

This is in comparison to April 2017, when value traded of the main market amounted to US$ 1,136.32 million (LE 20,540.71 million), of which shares represented 91.56%, bonds 8.44% and funds 0%. In addition, the OTC trading amounted to US$ 58.50 million (LE 1,057.43 million), i.e. 4.88% of total trading (on- and off-exchange trading), which reached US$ 1,197.68 million (LE 21,649.78 million). Additionally, Nilex has recorded a trading value of US$ 2.86 million (LE 51.64 million) during the month.

Total volume traded of the main market for this month reached 7,069.25 million securities. Meanwhile, the total volume traded of the OTC market has reached 251.26 million securities. Nilex has recorded a trading volume of 54.95 million securities.

During May 2017, 595,821 transactions were concluded with an average of 27,083 trades per day, as opposed to 522,249 transactions were concluded with an average of 29,014 trades per day, during April 2017.

EGX 30 index, the official market index, witnessed an increase of 7.29% in May 2017, to close at 13,339.63 points and witnessed a YoY increase of 78.25%. 

Meanwhile, EGX 70 price index witnessed a decline of 2.05% in May 2017, to close at 571.53 points and witnessed a YoY increase of 52.89%.

Moreover, EGX 100 price index witnessed an increase of 1.77% in May 2017, to close at 1,364.04 points and witnessed a YoY increase of 74.03%.

Moreover, EGX 20 Capped index witnessed an increase of 4.67% in May 2017, to close at 12,139.03 points and witnessed a YoY increase of 59.26%.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed an increase of 5.07% in May 2017, to close at 2,830.37 points and witnessed a YoY increase of 78.37%.

On the other hand, the S&P/EGX ESG index witnessed an increase of 2.09% in May 2017, to close at 1,885.90 points and witnessed a YoY increase of 80.14%.

Furthermore, the EGX50 EWI index witnessed an increase of 1.87% in May 2017, to close at 2,038.77 points and witnessed a YoY increase of 47.33%.

From another perspective, Nile index witnessed a decline of 2.32% in May 2017, to close at 533.42 points and witnessed a YoY decrease of 20.80%.

The ten most active stocks in the main market represented 79.35% of total traded shares' volume and 61.77% of total traded shares' value for this month.

During the month of May the top five gainers, in the main market, were (in descending order of price change) Misr Conditioning (Miraco) (48.76%), Porto Group (46.15%), Remco for Touristic Villages Construction (40.6%), Orascom Hotels and Development (39.95%) and Egyptian Transport (EGYTRANS) (35.68%).

The top five losers, in the main market, were (in ascending order of price change) Cairo Oils & Soap (-27.15%), Gulf Canadian Real Estate Investment Co. (-19.68%), Citadel Capital - Common Shares (-18.56%), Marsa Marsa Alam for Tourism Development (-17.76%) and Asek Company for Mining - Ascom (-15.20%).

Total market capitalization of shares in the main market amounted to US$ 37.37 billion (LE 675.93 billion), as of end of May 2017 compared to US$ 35.89 billion (LE 648.72 billion) in April 2017, representing an increase of 4.2%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 66.11 million (LE 1.20 billion) at the end of May 2017.

In May 2017, foreign investors participated with 43.52% of the value traded of the main market, with a net inflow of portfolio foreign investment totaling US$ 86.06 million (LE 1.56 billion).