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The Egyptian Exchange (EGX) Monthly Statistical Report September 2018

Date 17/10/2018

Listing

Total number of listed companies on the main market amounted to 222 at the end of September 2018. Meanwhile, the number of listed companies on Nilex reached 32 at the end of the month.

Two companies were listed this month, with a capital of US$ 17.81 million (EGP 319.12 million).

Turnover

Total number of trading days in September 2018 amounted to 20 days, with a total value traded of US$ 1,833.81 million (EGP 32,851.74 million). Value traded of the main market amounted to US$ 1,684.50 million (EGP 30,176.99 million), of which shares, bonds and funds represented 51.54%, 48.46% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 148.55 million (EGP 2,661.12 million), which represents 8.10% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 0.76 million (EGP 13.63 million) during the month.

This is in comparison to August 2018, when value traded of the main market amounted to US$ 999.14 million (EGP 17,888.06 million), of which shares represented 67.15%, bonds 32.85% and funds 0%. In addition, the OTC trading amounted US$ 93.21 million (EGP 1,668.85 million), i.e. 8.51% of total trading (on- and off-exchange trading), which reached US$ 1,094.72 million (EGP 19,599.14 million). Additionally, Nilex has recorded a trading value of US$ 2.36 million (EGP 42.24 million) during the month.

Total volume traded of the main market for this month reached 4,230.64 million securities. Meanwhile, the total volume traded of the OTC market has reached 76.93 million securities. Nilex has recorded a trading volume of 14.97 million securities.

During September 2018, 446,924 transactions were concluded with an average of 22,346 trades per day, as opposed to 374,630 transactions were concluded with an average of 20,813 trades per day, during August 2018.

Indices

EGX 30 index, the official market index, witnessed a decline of 8.70% in September 2018, to close at 14,616.47 points and witnessed a YoY increase of 5.24%. 

Meanwhile, EGX 70 price index witnessed a decline of 4.68% in September 2018, to close at 712.4 points and witnessed a YoY decline of 7.90%.

Moreover, EGX 100 price index witnessed a decline of 6.49% in September 2018, to close at 1,810.78 points and witnessed a YoY increase of 5.05%.

Additionally, EGX 20 Capped index witnessed a decline of 9.54% in September 2018, to close at 14,193.33 points and witnessed a YoY increase of 11.65%.

On the other hand, the S&P/EGX ESG index witnessed a decline of 14.69% in September 2018, to close at 2,163.07 points and witnessed a YoY increase of 0.17%.

Furthermore, the EGX50 EWI index witnessed a decline of 12.49% in September 2018, to close at 2,278.39 points and witnessed a YoY decline of 1.51%.

Price Movements of Selected Shares

The ten most active stocks in the main market represented 74.51% of total traded shares' volume and 53.34% of total traded shares' value for this month.

During the month of September, the top five gainers, in the main market (stocks only), were (in descending order of price change), Porto Group (272.27%), El Ahram Co. for Printing and Packing (42.25%), Egyptians Real Estate Fund Certificates (29.52%), International Co. for Investment & Development (13.34%) and Mohandes Insurance (9.67%).

The top five losers, in the main market (stocks only), were (in ascending order of price change) Cairo for Investment and Real Estate Development (-70.94%), Ismailia Development and Real Estate Co. (-38.20%), Ismailia National Food Industries (-34.24%), El Obour Real Estate Investment (-33.86%) and Egyptian Starch & Glucose (-32.39%).

Market Capitalization

Total market capitalization of shares in the main market amounted to US$ 44.87  billion (EGP 803.86 billion), as of end of September 2018 compared to US$ 49.25 billion (EGP 881.72 billion) in August 2018, representing a decline of 8.83%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 62.75 million (EGP 1.12 billion) at the end of September 2018.

Foreign Participation

In September 2018, foreign investors participated with 27.75% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 202 million (EGP 3.62 billion). Worth mentioning that foreign investors realized a net inflow of US$ 22.54 million (EGP 403.86 million) in September 2018, after excluding deals and bonds.