Listing
Total number of listed companies on EGX in October 2009 decreased to 319 companies as opposed to 323 in the previous month.
There were no new listed companies this month.
Turnover
Total number of trading days in October 2009 amounted to 20 days with a total value traded of US$ 5,324 million (LE 29,121 million). Value traded of listed securities amounted to US$ 4,843 million (LE 26,490 million), of which shares, bonds and funds represented 88.55%, 11.45% and 0.00%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 481 million (LE 2,632 million), which represents 9% of total value traded for the month.
This is in comparison to September 2009, when value traded of listed securities amounted to US$ 4,256 million (LE 23,410 million), of which shares represented 89.27%, bonds 10.73% and funds 0.00%. In addition, the OTC trading amounted to US$ 476 million (LE 2,615 million) i.e. 10% of total trading (on- and off-exchange trading), which reached US$ 4,732 million (LE 26,025 million).
Total volume traded of listed securities market for this month reached 1,876.88 million securities.
During October 2009, 1,173,342 transactions were concluded with an average of 58,667 trades per day, as opposed to 1,118,510 transactions and an average of 55,926 trades per day in September 2009.
Indices
EGX 30 index, the official market index, witnessed a 3.02% increase in October 2009 to reach 6966.25 points and witnessed a YoY increase of 47.71%.
Likewise, EGX 70 price index witnessed a 14.08% decrease in October 2009 to reach 798.8 points and witnessed a YoY increase of 64.32%.
Moreover, EGX 100 price index witnessed a 10.35% decrease in October 2009 to reach 1259.95 points and witnessed a YoY increase of 61.06%.
Meanwhile, the Dow Jones EGX Egypt Titans 20 index witnessed a 2.82% increase in October, to close at 1447.94 points on 29/10/2009, and a 43.35% increase on a YoY basis.
Price Movements of Selected Shares
The ten most active stocks represented 41.65% of the total value & 53.92% of the total volume of shares traded for the month.
During the month of October, the top five gainers, on the official EGX market, were (in descending order of price change) Cairo Educational Services (+42%), Glaxo Smith Kline (+35%), Blom Bank Egypt (+33%), Amoun (+28%) and Ismailia Misr Poultry (+26%).
The top five losers were (in ascending order of price change) Egyptian Real Estate Group Bearer Shares (-42%), Egyptian Real Estate Group (-39%), GMC Group For Industrial Commercial & Financial Investments (-37%), Cairo Development and Investment (-37%), Nasr Company for Civil Works (-37%).
Market Capitalization
Total market capitalization of shares amounted to US$ 100.4 billion (LE 549.1 billion) as of end of October 2009 compared to US$ 102.7 billion (LE 564.7 billion) in September 2009, representing a decrease of 3%.
The bond capitalization recorded US$ 554 million (LE 3 billion) for corporate bonds and US$ 22 billion (LE 119 billion) for government bonds at the end of October 2009 (Including Treasury Bonds according to Primary Dealers System).
Foreign Participation
In October 2009, foreign investors participated with 19.63% of the total market value traded with a net inflow of portfolio foreign investment totaling US$ 175 million (LE 955 million).
