Listing
Total number of listed companies on the main market amounted to 213 at the end of March 2012. Meanwhile, the number of listed companies on Nilex reached 20 at the end of March 2012.
This month witnessed the listing of one new company in the main market with a total value of LE 25 million. Also, one new company was listed in Nilex with a total value of LE 1.5 million
Turnover
Total number of trading days in March 2012 amounted to 21 days with a total value traded of US$ 2,557.92 million (LE 15,450.83 million). Value traded of the main market amounted to US$ 2,304.23 million (LE 13,918.45 million), of which shares, bonds and funds represented 78.76%, 21.24% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 248.54 million (LE 1,501.30 million), which represents 9.72% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 5.15 million (LE 31.09 million) during the month.
This is in comparison to February 2012, when value traded of the main market amounted to US$ 2,160.13 million (LE 13,029.28 million), of which shares represented 93.23%, bonds 6.77% and funds 0%. In addition, the OTC trading amounted to US$ US$ 117.89 million (LE 711.06 million) i.e. 5.17% of total trading (on- and off-exchange trading), which reached US$ 2,281.23 million (LE 13,759.69 million). Additionally, Nilex has recorded a trading value of US$ 23.21 million (LE 19.35 million) during the month.
Total volume traded of the main market for this month reached 2,927.07 million securities. Meanwhile, the total volume traded of the OTC market has reached 135.12 million securities. Nilex has recorded a trading volume of 8.71 million securities.
During March 2012, 648,219 transactions were concluded with an average of 30,868 trades per day, as opposed to 754,479 transactions and an average of 37,724 trades per day in February 2012.
Indices
EGX 30 index, the official market index, witnessed a decline of 6.19% in March 2012 to reach 5,018.55 points and witnessed a YoY decline of 8.15%.
Meanwhile, EGX 70 price index witnessed a decline of 12.21% in March 2012 to reach 453.02 points and witnessed a YoY decline of 21.21%.
Moreover, EGX 100 price index witnessed a decline of 8.84% in March 2012 to reach 791.51 points and witnessed a YoY decline of 14.37%.
Moreover, EGX 20 Capped index witnessed a decline of 8.33% in March 2012 to reach 5813.3 points and witnessed a YoY decline of 4.10%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decline of 5.58% in March, to close at 1117.6 points and witnessed a YoY decline of 7.10%.
On the other hand, the S&P/EGX ESG index witnessed a decline of 7.85% in March, to close at 780.59 points and witnessed a YoY decline of 13.87%.
Price Movements of Selected Shares
The ten most active stocks in the main market represented 56.26% of the total value & 72.37% of the total volume of shares traded for the month.
During the month of March, the top five gainers, on the main market, were (in descending order of price change) Alexandria Cement (+32.28%), Raya Holding for Technology and Communications (+28.57%), Alexandria Flour Mills (+9.12%), Guezira Hotels & Tourism (+7.75%) and Medical Union Pharmaceuticals (+6.77%).
The top five losers were (in ascending order of price change) Medical Packaging Company (-36.50%), Arab Moltaka Investments Co. (-25.87%), Arab Real Estate Investment CO.-ALICO (-25.61%), Sharkia National Food (-25.22%) and Egyptian Real Estate Group Bearer Shares (-24.65%).
Market Capitalization
Total market capitalization of shares in the main market amounted to US$ 60.01 billion (LE 362.47 billion) as of end of March 2012 compared to US$ 64.12 billion (LE 386.77 billion) in February 2012, representing a decline of 6.29%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 176.45 million (LE 1.07 billion) at the end of March 2012.
The bond capitalization recorded US$ 0.82 billion (LE 4.97 billion) for corporate bonds and US$ 39.86 billion (LE 240.79 billion) for government bonds at the end of March 2012 (Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 827.75 million (LE 5 billion) at the end of March 2012.
Foreign Participation
In March 2012, foreign investors participated with 21.34% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 55.64 million (LE 336.06 million).