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The Egyptian Exchange (EGX) Monthly Statistical Report May 2018

Date 26/06/2018

Listing

Total number of listed companies on the main market amounted to 223 at the end of May 2018. Meanwhile, the number of listed companies on Nilex reached 32 at the end of the month.

No companies were listed this month.

Turnover

Total number of trading days in May 2018 amounted to 22 days, with a total value traded of US$ 1,674.91 million (EGP 29,988.27 million). Value traded of the main market amounted to US$ 1,595.42 million (EGP 28,564.96 million), of which shares, bonds and funds represented 88.46%, 11.54% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 78.51 million (EGP 1,405.59 million), which represents 4.69% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 1 million (EGP 17.72 million) during the month.

This is in comparison to April 2018, when value traded of the main market amounted to US$ 2,288.01 million (EGP 40,398.56 million), of which shares represented 90.37%, bonds 9.63% and funds 0%. In addition, the OTC trading amounted to US$ 28.16 million (EGP 497.14 million), i.e. 1.22% of total trading (on- and off-exchange trading), which reached US$ 2,317.17 million (EGP 40,913.27 million). Additionally, Nilex has recorded a trading value of US$ 1 million (EGP 17.57 million) during the month.

Total volume traded of the main market for this month reached 4,410.47 million securities. Meanwhile, the total volume traded of the OTC market has reached 80.42 million securities. Nilex has recorded a trading volume of 22.30 million securities.

During May 2018, 544,829 transactions were concluded with an average of                    24,765 trades per day, as opposed to 683,495 transactions were concluded with an average of 35,973 trades per day, during April 2018.

Indices

EGX 30 index, the official market index, witnessed a decline of 10.28% in May 2018, to close at 16,414.53 points and witnessed a YoY increase of 23.05%. 

Meanwhile, EGX 70 price index witnessed a decline of 3.94% in May 2018, to close at 842.66 points and witnessed a YoY increase of 47.44%.

Moreover, EGX 100 price index witnessed a decline of 7.31% in May 2018, to close at 2,138.24 points and witnessed a YoY increase of 56.76%.

Moreover, EGX 20 Capped index witnessed a decline of 9.84% in May 2018, to close at 16,667.05 points and witnessed a YoY increase of 37.30%.

On the other hand, the S&P/EGX ESG index witnessed a decline of 5.64% in May 2018, to close at 2,708.83 points and witnessed a YoY increase of 43.64%.

Furthermore, the EGX50 EWI index witnessed a decline of 8.32% in May 2018, to close at 2,819.74 points and witnessed a YoY increase of 38.31%.

From another perspective, Nile index witnessed a decline of 4.77% in May 2018, to close at 460.87 points and witnessed a YoY decline of 13.60%.

Price Movements of Selected Shares

The ten most active stocks in the main market represented 74.18% of total traded shares' volume and 54.32% 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) Wadi Kom Ombo Land Reclamation (63.97%), El Nasr for Manufacturing Agricultural Crops (45.36%), El Arabia Engineering Industries (30.84%), Rakta Paper Manufacturing (29.87%) and Modern Shorouk Printing & Packaging (29.18%).

The top five losers, in the main market, were (in ascending order of price change) United Arab Shipping (-23.13%), Development & Engineering Consultants (-21.34%), Ismailia Misr Poultry (-21.1%), Orange Egypt for Telecommunications (-21.02%) and Amer Group Holding (-18.42%).

Market Capitalization

Total market capitalization of shares in the main market amounted to US$ 51.96 billion (EGP 930.37 billion), as of end of May 2018 compared to US$ 56.99 billion (EGP 1,006.24 billion) in April 2018, representing a decline of 7.54%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 62.59 million (EGP 1.12 billion) at the end of May 2018.

Foreign Participation

In May 2018, foreign investors participated with 35.33% of the value traded of the main market, with a net inflow of portfolio foreign investment totaling US$ 38.48 million (EGP 688.91 million).