Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

The Egyptian Exchange (EGX) Monthly Statistical Report April 2017

Date 21/05/2017

Listing

Total number of listed companies on the main market amounted to 224 at the end of April 2017. Meanwhile, the number of listed companies on Nilex reached 32 at the end of the month.

No company was listed this month.

Turnover

Total number of trading days in April 2017 amounted to 18 days, with a total value traded of US$ 1,197.68 million (LE 21,649.78 million). Value traded of the main market amounted to US$ 1,136.32 million (LE 20,540.71 million), of which shares, bonds and funds represented 91.56%, 8.44% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 58.50 million (LE 1,057.43 million), which represents 4.88% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 2.86 million (LE 51.64 million) during the month.

This is in comparison to March 2017, when value traded of the main market amounted to US$ 1,719 million (LE 31,181.96 million), of which shares represented 97.17%, bonds 2.83% and funds 0%. In addition, the OTC trading amounted to US$ 108.06 million (LE 1,960.09 million), i.e. 5.90% of total trading (on- and off-exchange trading), which reached US$ 1,831.81 million (LE 33,228.37 million). Additionally, Nilex has recorded a trading value of US US$ 4.76 million (LE 86.33 million) during the month.

Total volume traded of the main market for this month reached 3,856.27 million securities. Meanwhile, the total volume traded of the OTC market has reached 37.81 million securities. Nilex has recorded a trading volume of 42.50 million securities.

During April 2017, 522,249 transactions were concluded with an average of 29,014 trades per day, as opposed to 680,874 transactions were concluded with an average of 30,949 trades per day, during March 2017.

Indices

EGX 30 index, the official market index, witnessed a decline of 4.32% in April 2017, to close at 12,433.60 points and witnessed a YoY increase of 59.95%. 

Meanwhile, EGX 70 price index witnessed an increase of 2.42% in April 2017, to close at 583.47 points and witnessed a YoY increase of 55.87%.

Moreover, EGX 100 price index witnessed an increase of 0.95% in April 2017, to close at 1,340.29 points and witnessed a YoY increase of 69.66%.

Moreover, EGX 20 Capped index witnessed a decline of 6.74% in April 2017, to close at 11,597.40 points and witnessed a YoY increase of 47.27%.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decline of 2.79% in April 2017, to close at 2693.82 points and witnessed a YoY increase of 65.41%.

On the other hand, the S&P/EGX ESG index witnessed a decline of 1.47% in April 2017, to close at 1,847.31 points and witnessed a YoY increase of 68.36%.

Furthermore, the EGX50 EWI index witnessed a decline of 3.37% in April 2017, to close at 2,001.33 points and witnessed a YoY increase of 38.57%.

From another perspective, Nile index witnessed a decline of 2.10% in April 2017, to close at 546.11 points and witnessed a YoY decrease of 17.30%.

Price Movements of Selected Shares

The ten most active stocks in the main market represented 62.12% of total traded shares' volume and 46.77% of total traded shares' value for this month.

During the month of April the top five gainers (excluding deals & OPR), in the main market, were (in descending order of price change) Natural Gas & Mining Project (Egypt Gas) (73.77%), South Cairo & Giza Mills & Bakeries (38.97%), Suez Canal Bank (38.14%), Alexandria Flour Mills (36.63%) and Abou Kir Fertilizers (36.25%).

The top five losers, in the main market, were (in ascending order of price change) Cairo Oils & Soap (-28.79%), Belton Financial Holding (-17.08%), Egyptian Iron & Steel (-15.96%), El Obour Real Estate Investment (-15.22%) and Heliopolis Housing (-13.46%).

Market Capitalization

Total market capitalization of shares in the main market amounted to US$ 35.89 billion (LE 648.72 billion), as of end of April 2017 compared to US$ 36.11 billion (LE 655 billion) in March 2017, representing a decrease of 0.96%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 68.27 million (LE 1.23 billion) at the end of April 2017.

Foreign Participation

In April 2017, foreign investors participated with 32.04% of the value traded of the main market, with a net inflow of portfolio foreign investment totaling US$ 152.41 million (LE 2.76 billion).