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The Egyptian Exchange (EGX) Monthly Statistical Report November 2011

Date 12/12/2011

Listing

Total number of listed companies on the main market amounted to 214 at the end of November 2011. Meanwhile, the number of listed companies on Nilex reached 20 at the end of November 2011.

There were no new listed companies this month.

Turnover

Total number of trading days in November 2011 amounted to 17 days with a total value traded of US$ 1,309.31 million (LE 7,861.80 million). Value traded of the main market amounted to US$ 1,252.40 million (LE 7,520.02 million), of which shares, bonds and funds represented 62.93%, 37.07% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 55.24 million (LE 331.7 million), which represents 4.22% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 1.68 million (LE 10.11 million) during the month.

This is in comparison to October 2011, when value traded of the main market amounted to US$ 1,402.67 million (LE 8,372.93 million), of which shares represented 65.37%, bonds 34.63% and funds 0%. In addition, the OTC trading amounted to US$ 249.21 million (LE 1,487.63 million) i.e. 15.06% of total trading (on- and off-exchange trading), which reached US$ 1,654.37 million (LE 9,875.43 million). Additionally, Nilex has recorded a trading value of US$ 2.49 million (LE 14.86 million) during the month.

Total volume traded of the main market for this month reached 1,061.31 million securities. Meanwhile, the total volume traded of the OTC market has reached 45.47 million securities. Nilex has recorded a trading volume of 2.62 million securities.

During November 2011, 294,103 transactions were concluded with an average of 17,300 trades per day, as opposed to 418,935 transactions and an average of 19,949 trades per day in October 2011.

Indices

EGX 30 index, the official market index, witnessed a decrease of 9.69% in November 2011 to reach 4020.14 points and witnessed a YoY decline of 40.04%.

Meanwhile, EGX 70 price index witnessed a decrease of 6.34% in November 2011 to reach 455.8 points and witnessed a YoY decline of 37.62%.
Moreover, EGX 100 price index witnessed a decrease of 7.65% in November 2011 to reach 706.13points and witnessed a YoY decline of 39.15 %.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decrease of 9.27% in November, to close at 898.37points on 30/11/2011 and witnessed a YoY decline of 37.9 %.

On the other hand, the S&P/EGX ESG index witnessed an increase of 5.70% in November, to close at 654.31points and witnessed a YoY decline of 34.49%.

Price Movements of Selected Shares

The ten most active stocks in the main market represented 55.66% of the total value & 62.28% of the total volume of shares traded for the month.

During the month of November, the top five gainers, on the main market, were (in descending order of price change) Egyptians For Investment & Urban Development (+278.4%), Medical Packaging Company (+188%), Egyptian International Tourism Projects (+27.27%), United Housing & Development (+9.14%) and Golden Pyramids Plaza (+7.69%).

The top five losers were (in ascending order of price change) B-Tech (-24.19%), Pioneers Holding (-21.12%), Six of October Development & Investment (SODIC) (-20.46%), El Arabia for Land Reclamation (-20.11%) and Maridive & oil services (-18.32%).

Market Capitalization

Total market capitalization of shares in the main market amounted to US$ 52.46 billion (LE 315.02 billion) as of end of November 2011 compared to US$ 55.96 billion (LE 334.05 billion) in October 2011, representing a decrease of 5.7%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 185.38 million (LE 1,113.14 million) at the end of November 2011.

The bond capitalization recorded US$ 1.1 billion (LE 6.80 billion) for corporate bonds and US$ 36.73 billion (LE 220.56 billion) for government bonds at the end of October 2011 (Including Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 832.70 million (LE 5 billion) at the end of November 2011.

Foreign Participation

In November 2011, foreign investors participated with 23.97% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 58.18 million (LE 349.3 million).