.jpg)
Listing
Total number of listed companies on EGX in September 2009 decreased to 323 companies as opposed to 324 in the previous month.
There were no new listed companies this month.
Turnover
Total number of trading days in September 2009 amounted to 20 days with a total value traded of US$ 4,732 million (LE 26,025 million). Value traded of listed securities amounted to US$ 4,256 million (LE 23,410 million), of which shares, bonds and funds represented 89.27%, 10.73% and 0.00%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 476 million (LE 2,615 million), which represents 10% of total value traded for the month.
This is in comparison to August 2009, when value traded of listed securities amounted to US$ 5,804 million (LE 32,095 million), of which shares represented 82.61%, bonds 17.39% and funds 0.00%. In addition, the OTC trading amounted to US$ 351 million (LE 1,943 million) i.e. 6% of total trading (on- and off-exchange trading), which reached US$ 6,155 million (LE 34,038 million).
Total volume traded of listed securities market for this month reached 1,765 million securities.
During September 2009, 1,118,510 transactions were concluded with an average of 55,926 trades per day, as opposed to 1,416,930 transactions and an average of 64,406 trades per day in August 2009.
Indices
EGX 30 index, the official market index, witnessed a 0.54% increase in September 2009 to reach 6761.73 points and witnessed a YoY decline of 4.21%.
Likewise, EGX 70 price index witnessed a 21.16% increase in September 2009 to reach 929.75 points and witnessed a YoY increase of 27.83%.
Moreover, EGX 100 price index witnessed a 15.76% increase in September 2009 to reach 1405.45 points and witnessed a YoY increase of 20.83%.
Meanwhile, the Dow Jones EGX Egypt Titans 20 index witnessed a 0.51% increase in September, to close at 1408.19 points on 30/09/2009, and a 4.90% decrease on a YoY basis.
Price Movements of Selected Shares
The ten most active stocks represented 35.34% of the total value & 54.07% of the total volume of shares traded for the month.
During the month of September, the top five gainers, on the official EGX market, were (in descending order of price change) Guezira Hotels & Tourism (+186%), Giza General Contracting (+126%), Egyptian Real Estate (+125%), National Navigation (+112%) and PIRAEUS Bank Egypt (+111%).
The top five losers were (in ascending order of price change) Arab Polvara Spinning & Weaving Co. (-6%), South Valley Cement (-5%), El Swedy Cables (-5%), Maridive & Oil Services (-4%), Orascom Telecom Holding (OT) (-4%).
Market Capitalization
Total market capitalization of shares amounted to US$ 102.7 billion (LE 564.7 billion) as of end of September 2009 compared to US$ 96.6 billion (LE 534.4 billion) in August 2009, representing an increase of 6%.
The bond capitalization recorded US$ 553 million (LE 3 billion) for corporate bonds and US$ 21 billion (LE 114 billion) for government bonds at the end of September 2009 (Including Treasury Bonds according to Primary Dealers System).
Foreign Participation
In September 2009, foreign investors participated with 17.02% of the total market value traded with a net inflow of portfolio foreign investment totaling US$ 83 million (LE 454 million).
