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The Egyptian Exchange (EGX) Monthly Statistical Report January 2013

Date 10/02/2013

Listing

Total number of listed companies on the main market amounted to 212 at the end of January 2013. Meanwhile, the number of listed companies on Nilex reached 22 at the end of the month. 

One company was listed on the main market this month, with a total capital of US$ 3 million (LE 20 million). Additionally, one company was listed on Nilex this month, with a total capital of US$ 1.2 million (LE 8 million).

Turnover

Total number of trading days in January 2013 amounted to 20 days with a total value traded of US$ 1,697.43 million (LE 11,342.24 million). Value traded of the main market amounted to US$ 1,582.89 million (LE 10,576.87 million), of which shares, bonds and funds represented 88.58%, 11.42% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 110.96 million (LE 741.42 million), which represents 6.54% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 3.58 million (LE 23.95 million) during the month.

This is in comparison to December 2012, when value traded of the main market amounted to US$ 1,677.55 million (LE 10,600.43 million), of which shares represented 82.62%, bonds 17.38% and funds 0%. In addition, the OTC trading amounted to US$ 422.95 million (LE 2,672.64 million), i.e. 20.11% of total trading (on- and off-exchange trading), which reached US$ 2,103.47 million (LE 13,291.85 million). Additionally, Nilex has recorded a trading value of US$ 2.97 million (LE 18.78 million) during the month.

Total volume traded of the main market for this month reached 2,334.31 million securities. Meanwhile, the total volume traded of the OTC market has reached 50.22 million securities. Nilex has recorded a trading volume of 9.12 million securities.

During January 2013, 465,449 transactions were concluded with an average of 23,272 trades per day, as opposed to 493,968 transactions and an average of 22,453 trades per day in December 2012.

Indices

EGX 30 index, the official market index, witnessed an increase of 2.64% in January 2013 to reach 5606.49 points and witnessed a YoY increase of 20.62%.

Meanwhile, EGX 70 price index witnessed a decline of 2.42% in January 2013 to reach 465.54 points and witnessed a YoY increase of 0.92%.

Moreover, EGX 100 price index witnessed a decline of 1.27% in January 2013 to reach 790.19 points and witnessed a YoY increase of 4.89%.

Moreover, EGX 20 Capped index witnessed an increase of 1.97% in January 2013 to reach 6467.26 points and witnessed a YoY increase of 28.83%.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed an increase of 2.81% in January, to close at 1245.5 points and witnessed a YoY increase of 20.13%.

On the other hand, the S&P/EGX ESG index witnessed a decline of 1.11% in January, to close at 915.53 points and witnessed a YoY increase of 25.46%.

Price Movements of Selected Shares

The ten most active stocks in the main market represented 61.01% of the total value & 71.37% of the total volume of shares traded for the month.

During the month of January, the top five gainers, on the main market, were (in descending order of price change) Cairo Medical Center (+367.5%), Marsa Marsa Alam for Tourism Development (+40.44%), El Wadi Co. for Touristic Investment (+29.64%), El Arabia Engineering Industries (+25.26%) and Canal Shipping Agencies (+19.59%).

The top five losers were (in ascending order of price change) El Nasr For Manufacturing Agricultural Crops (-16.38%), Sharm Dreams Co. for Tourism Investment (-15.81%), Paper Middle East (Simo) (-14.53%), South Valley Cement (-12.3%) and National Development Bank (-11.95%).

Market Capitalization

Total market capitalization of shares in the main market amounted to US$ 56.40 billion (LE 376.89 billion) as of end of January 2013 compared to US$ 59.44 billion (LE 375.61 billion) in December 2012, representing an increase of 0.3%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 155.07 million (LE 1.04 billion) at the end of January 2013.

The bond capitalization recorded US$ 689.80 million (LE 4.61 billion) for corporate bonds and US$ 45.10 billion (LE 301.38 billion) for government bonds at the end of January 2013 (Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 748.28 million (LE 5 billion) at the end of January 2013.

Foreign Participation

In January 2013, foreign investors participated with 30.92% of the value traded of the main market, with a net inflow of portfolio foreign investment totaling US$ 14.6 million (LE 97.7 million).