Listing
Total number of listed companies on the main market amounted to 210 at the end of August 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 August 2013 amounted to 18 days with a total value traded of US$ 2,063.46 million (LE 14,394.07 million). Value traded of the main market amounted to US$ 2,031.74 million (LE 14,172.79 million), of which shares, bonds and funds represented 94.78%, 5.22% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 29.63 million (LE 206.66 million), which represents 1.44% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 2.10 million (LE 14.62 million) during the month.
This is in comparison to July 2013, when value traded of the main market amounted to US$ 1,674.47 million (LE 11,696.00 million), of which shares represented 95.12%, bonds 4.88% and funds 0%. In addition, the OTC trading amounted to US$ 76.15 million (LE 531.90 million), i.e. 4.34% of total trading (on- and off-exchange trading), which reached US$ 1,754.92 million (LE 12,257.96 million). Additionally, Nilex has recorded a trading value of US$ 4.30 million (LE 30.05 million) during the month.
Total volume traded of the main market for this month reached 1,742.08 million securities. Meanwhile, the total volume traded of the OTC market has reached 11.60 million securities. Nilex has recorded a trading volume of 7.67 million securities.
During August 2013, 310,899 transactions were concluded with an average of 17,272 trades per day, as opposed to 374,779 transactions and an average of 17,847 trades per day in July 2013.
Indices
EGX 30 index, the official market index, witnessed a decrease of 1.07% in August 2013 to reach 5267.72 points and witnessed a YoY decline of 1.21%.
Meanwhile, EGX 70 price index witnessed an increase of 3.11% in August 2013 to reach 441.49 points and witnessed a YoY decline of 10.73%.
Moreover, EGX 100 price index witnessed an increase of 2.25% in August 2013 to reach 746.9 points and witnessed a YoY decline of 10.13%.
Moreover, EGX 20 Capped index witnessed a decline of 1.42% in August 2013 to reach 6122.45 points and witnessed a YoY decline of 1.81%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decrease of 1.98% in August, to close at 1159.02 points and witnessed a YoY decline of 1.74%.
On the other hand, the S&P/EGX ESG index witnessed a decrease of 0.37% in August, to close at 851.29 points and witnessed a YoY decline of 2.74%.
Price Movements of Selected Shares
The ten most active stocks in the main market represented 81.08% of the total value & 66.82% of the total volume of shares traded for the month.
During the month of August, the top five gainers, on the main market, were (in descending order of price change) Marsa Marsa Alam for Tourism Development (+54.24%), Northern Upper Egypt Development & Agricultural Production (+42.71%), Egyptian Real Estate Group Bearer Shares (+32.67%), Cairo Development and Investment (+28.87%) and Memphis Pharmaceuticals (+21.07%).
The top five losers were (in ascending order of price change) Misr Hotels (-14.75%), Orascom Development Holding (AG) (-11.05%), Advanced Pharmaceutical Packaging Co. (APP) (-9.74%), Remco for Touristic Villages Construction (-9.62%) and Citadel Capital - Common Shares (-9.28%).
Market Capitalization
Total market capitalization of shares in the main market amounted to US$ 50.85 billion (LE 354.75 billion) as of end of August 2013 compared to US$ 51.10 billion (LE 356.90 billion) in July 2013, representing a decline of 0.6%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 141.53 million (LE 987.27 million) at the end of August 2013.
The bond capitalization recorded US$ 672.17 million (LE 4.54 billion) for corporate bonds and US$ 45.83 billion (LE 309.65 billion) for government bonds at the end of August 2013 (Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 716.77 million (LE 5 billion) at the end of August 2013.
Foreign Participation
In August 2013, foreign investors participated with 53.70% of the value traded of the main market, with a net inflow of portfolio foreign investment totaling US$ 325.37 million (LE 2.27 billion).