The Egyptian Exchange (EGX) Monthly Statistical Report October 2018

Total number of listed companies on the main market amounted to 222 at the end of October 2018. 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 October 2018 amounted to 22 days, with a total value traded of US$ 1,500.18 million (EGP 26,867.45 million). Value traded of the main market amounted to US$ 1,325.02 million (EGP 23,730.44 million), of which shares, bonds and funds represented 77.74%, 22.26% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 174.18 million (EGP 3,119.56 million), which represents 11.61% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 0.97 million (EGP 17.46 million) during the month.

This is in comparison to September 2018, when value traded of the main market amounted to US$ 1,684.50 million (EGP 30,176.99 million), of which shares represented 51.54%, bonds 48.46% and funds 0%. In addition, the OTC trading amounted US$ 148.55 million (EGP 2,661.12 million), i.e. 8.10% of total trading (on- and off-exchange trading), which reached US$ 1,833.81 million (EGP 32,851.74 million). Additionally, Nilex has recorded a trading value of US$ 0.76 million (EGP 13.63 million) during the month.

Total volume traded of the main market for this month reached 4,227.35 million securities. Meanwhile, the total volume traded of the OTC market has reached 155.27 million securities. Nilex has recorded a trading volume of 17.90 million securities.

During October 2018, 492,483 transactions were concluded with an average of 22,386 trades per day, as opposed to 446,924 transactions were concluded with an average of 22,346 trades per day, during September 2018.

EGX 30 index, the official market index, witnessed a decline of 9.35% in October 2018, to close at 13,250.29 points and witnessed a YoY decrease of 7.61%. 

Meanwhile, EGX 70 price index witnessed a decline of 2.39% in October 2018, to close at 695.38 points and witnessed a YoY decline of 11.07%.

Moreover, EGX 100 price index witnessed a decline of 3.96% in October 2018, to close at 1,739.08 points and witnessed a YoY decrease of 1.65%.

Additionally, EGX 20 Capped index witnessed a decline of 10.21% in October 2018, to close at 12,744.58 points and witnessed a YoY decline of 6.25%.

On the other hand, the S&P/EGX ESG index witnessed a decline of 5.69% in October 2018, to close at 2,040.09 points and witnessed a YoY decrease of 10.49%.

Furthermore, the EGX50 EWI index witnessed a decline of 7.58% in October 2018, to close at 2,105.76 points and witnessed a YoY decline of 16.86%.

The ten most active stocks in the main market represented 66.51% of total traded shares' volume and 56.79% of total traded shares' value for this month.

During the month of October, the top five gainers, in the main market (stocks only, excluding deals), were (in descending order of price change), Amer Group Holding (306.74%), Development & Engineering Consultants (56.45%), International Agricultural Products (31.27%), El Ezz Porcelain (Gemma) (29.7%) and El Arabia Engineering Industries (26.04%).

The top five losers, in the main market (stocks only, excluding trading on rights’ issue), were (in ascending order of price change) Six of October Development & Investment (SODIC) (-30.94%), Wadi Kom Ombo Land Reclamation (-28.77%), Dice Sport & Casual Wear (-22.32%), Golden Coast Company (-20.03%) and Heliopolis Housing (-19.52%).

Total market capitalization of shares in the main market amounted to US$ 41.97 billion (EGP 751.58 billion), as of end of October 2018 compared to US$ 44.87 billion (EGP 803.86 billion) in September 2018, representing a decline of 6.50%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 64.12 million (EGP 1.15 billion) at the end of October 2018.

In October 2018, foreign investors participated with 37.37% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 66.08 million (EGP 1.18 billion). Worth mentioning that foreign investors realized a net inflow of US$ 29.73 million (EGP 532.47 million) in October 2018, after excluding deals and bonds.