Listing
Total number of listed companies on the main market amounted to 214 at the end of February 2012. Meanwhile, the number of listed companies on Nilex reached 19 at the end of February 2012.
There were no new listed companies this month.
Turnover
Total number of trading days in February 2012 amounted to 20 days with a total value traded of US$ 2,281.23 million (LE 13,759.69 million). Value traded of the main market amounted to US$ 2,160.13 million (LE 13,029.28 million), of which shares, bonds and funds represented 93.23%, 6.77% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 117.89 million (LE 711.06 million), which represents 5.17% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 3.21 million (LE 19.35 million) during the month.
This is in comparison to January 2012, when value traded of the main market amounted to US$ 987.43 million (LE 5,954.08 million), of which shares represented 97.57%, bonds 2.43% and funds 0%. In addition, the OTC trading amounted to US$ 178.16 million (LE 1,074.29 million) i.e. 15.25% of total trading (on- and off-exchange trading), which reached US$ 1,168.58 million (LE 7,046.40 million). Additionally, Nilex has recorded a trading value of US$ 2.99 million (LE 18.03 million) during the month.
Total volume traded of the main market for this month reached 3,388.58 million securities. Meanwhile, the total volume traded of the OTC market has reached 64.05 million securities. Nilex has recorded a trading volume of 5.21 million securities.
During February 2012, 754,479 transactions were concluded with an average of 37,724 trades per day, as opposed to 400,225 transactions and an average of 20,011 trades per day in January 2012.
Indices
EGX 30 index, the official market index, witnessed an increase of 15.10% in February 2012 to reach 5349.85 points and witnessed a YoY decline of 5.25%.
Meanwhile, EGX 70 price index witnessed an increase of 11.86% in February 2012 to reach 516.04 points and witnessed a YoY decline of 3.93%.
Moreover, EGX 100 price index witnessed an increase of 15.26% in February 2012 to reach 868.31 points and witnessed a YoY decline of 1.86%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed an increase of 14.16% in February, to close at 1183.63 points and witnessed a YoY decline of 4.11%.
On the other hand, the S&P/EGX ESG index witnessed an increase of 16.08% in February, to close at 847.1 points and witnessed a YoY decline of 6.75%.
Price Movements of Selected Shares
The ten most active stocks in the main market represented 51.64% of the total value & 67.06% of the total volume of shares traded for the month.
During the month of February, the top five gainers, on the main market, were (in descending order of price change) Egyptian Company for Mobile Services (MobiNil) (+69.08%), Six of October Development & Investment (SODIC) (+64.89%), Palm Hills Development Company (+61.87%), National Housing for Professional Syndicates (+56.17%) Medinet Nasr Housing (+55.61%).
The top five losers were (in ascending order of price change) Egyptians For Investment & Urban Development (-14.57%), Beltone Financial Holding (-11.48%), Guezira Hotels & Tourism (-8.11%), B-Tech (-7.16%) and National Cement (-6.43%).
Market Capitalization
Total market capitalization of shares in the main market amounted to US$ 64.12 billion (LE 386.77 billion) as of end of February 2012 compared to US$ 57.16 billion (LE 344.72 billion) in January 2012, representing an increase of 12.2%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 165.35 million (LE 997.37 million) at the end of February 2012.
The bond capitalization recorded US$ 0.82 billion (LE 4.94 billion) for corporate bonds and US$ 38.45 billion (LE 231.89 billion) for government bonds at the end of February 2012 (Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 829.20 million (LE 5 billion) at the end of February 2012.
Foreign Participation
In February 2012, foreign investors participated with 22.28% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 91.73 million (LE 553.3 million).