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The Egyptian Exchange (EGX) Monthly Statistical Report September 2013

Date 14/10/2013

Listing

Total number of listed companies on the main market amounted to 209 at the end of September 2013. Meanwhile, the number of listed companies on Nilex reached 23 at the end of the month.

 

There were no new listed companies this month.

Turnover

Total number of trading days in September 2013 amounted to 22 days with a total value traded of US$ 2,144.7 million (LE 14,759 million). Value traded of the main market amounted to US$ 1,968.61 million (LE 13,547.19 million), of which shares, bonds and funds represented 68.78%, 31.22% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 168.26 million (LE 1,157.9 million), which represents 7.85% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 7.84 million (LE 53.92 million) during the month.

 

This is in comparison to August 2013, when value traded of the main market amounted to US$ 2,031.74 million (LE 14,172.79 million), of which shares represented 94.78%, bonds 5.22% and funds 0%. In addition, the OTC trading amounted to US$ 29.63 million (LE 206.66 million), i.e. 1.44% of total trading (on- and off-exchange trading), which reached US$ 2,063.46 million (LE 14,394.07 million). Additionally, Nilex has recorded a trading value of US$ 2.10 million (LE 14.62 million) during the month.

 

Total volume traded of the main market for this month reached 2,718.28 million securities. Meanwhile, the total volume traded of the OTC market has reached 279.60 million securities. Nilex has recorded a trading volume of 26.57 million securities.

 

During September 2013, 519,883 transactions were concluded with an average of 23,631 trades per day, as opposed to 310,899 transactions and an average of 17,272 trades per day in August 2013.

 

Indices

EGX 30 index, the official market index, witnessed an increase of 6.7% in September 2013 to reach 5620.53 points and witnessed a YoY decline of 3.46%.

Meanwhile, EGX 70 price index witnessed an increase of 8.16% in September 2013 to reach 486.14 points and witnessed a YoY decline of 13.88%.

Moreover, EGX 100 price index witnessed an increase of 8.62% in September 2013 to reach 811.26 points and witnessed a YoY decline of 12.34%.

Moreover, EGX 20 Capped index witnessed an increase of 7.36% in September 2013 to reach 6589.69 points and witnessed a YoY decline of 4.13%.

Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed an increase of 6.21% in September, to close at 1230.95 points and witnessed a YoY decline of 3.52%.

On the other hand, the S&P/EGX ESG index witnessed an increase of 9.99% in September, to close at 936.35 points and witnessed a YoY decline of 9.36%.

Price Movements of Selected Shares

The ten most active stocks in the main market represented 62.54% of the total value & 47.04% of the total volume of shares traded for the month.

During the month of September, the top five gainers, on the main market, were (in descending order of price change) Northern Upper Egypt Development & Agricultural Production (+70.77%), Arab Cotton Ginning (+63.64%), Union National Bank - Egypt " UNB-E (+58.95%), El Arabia for Land Reclamation (+48.19%) and Mansourah Poultry (+34.83%).

The top five losers were (in ascending order of price change) Rubex Plastics (-7.74%), Misr Hotels (-6.67%), Egyptian International Pharmaceuticals (EIPICO) (-4.37%), Heliopolis Housing (-2.63%) and Golden Textiles & Clothes Wool (-2.47%).

Market Capitalization

Total market capitalization of shares in the main market amounted to US$ 54.89 billion (LE 377.73 billion) as of end of September 2013 compared to US$ 50.85 billion (LE 354.75 billion) in August 2013, representing an increase of 6.5%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 164.48 million (LE 1,131.86 million) at the end of September 2013.

 

The bond capitalization recorded US$ 662.23 million (LE 4.56 billion) for corporate bonds and US$ 47.40 billion (LE 326.21 billion) for government bonds at the end of September 2013 (Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 726.58 million (LE 5 billion) at the end of September 2013.

Foreign Participation

In September 2013, foreign investors participated with 13.91% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 5.31 million (LE 36.54 million).