Listing
Two new companies were listed on the main market this month, with a total capital of US$ 27.90 million (LE 170 million).
Turnover
Total number of trading days in September 2012 amounted to 21 days with a total value traded of US$ 4,071.94 million (LE 24,814 million). Value traded of the main market amounted to US$ 3,874.86 million (LE 23,613 million), of which shares, bonds and funds represented 75.59%, 24.41% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 189.37 million (LE 1154.03 million), which represents 4.65% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 7.71 million (LE 46.97 million) during the month.
This is in comparison to August 2012, when value traded of the main market amounted to US$ 1,720.64 million (LE 10,493.3 million), of which shares represented 85.09%, bonds 14.91% and funds 0%. In addition, the OTC trading amounted to US$ 476.16 million (LE 2,903.87 million), i.e. 21.65% of total trading (on- and off-exchange trading), which reached US$ 2,199.03 million (LE 13,410.78 million). Additionally, Nilex has recorded a trading value of US$ 2.23 million (LE 13.6 million) during the month.
Total volume traded of the main market for this month reached 4,924.83 million securities. Meanwhile, the total volume traded of the OTC market has reached 137.51 million securities. Nilex has recorded a trading volume of 13.07 million securities.
During September 2012, 920,437 transactions were concluded with an average of 43,830 trades per day, as opposed to 460,922 transactions and an average of 23,046 trades per day in August 2012.
Indices
EGX 30 index, the official market index, witnessed an increase of 9.18% in September 2012 to reach 5821.82 points and witnessed a YoY increase of 40.71%.
Meanwhile, EGX 70 price index witnessed an increase of 14.13% in September 2012 to reach 564.47 points and witnessed a YoY increase of 23.14%.
Moreover, EGX 100 price index witnessed an increase of 11.35% in September 2012 to reach 925.45 points and witnessed a YoY increase of 30.78%.
Moreover, EGX 20 Capped index witnessed an increase of 10.24% in September 2012 to reach 6873.73 points and witnessed a YoY increase of 52.01%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed an increase of 8.16% in September, to close at 1275.81 points and witnessed a YoY increase of 38.53%.
On the other hand, the S&P/EGX ESG index witnessed an increase of 18.03% in September, to close at 1033.07 points and witnessed a YoY increase of 55.21%.
Price Movements of Selected Shares
The ten most active stocks in the main market represented 51.42% of the total value & 67.22% 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) Egyptian Iron & Steel (+110.19%), Reacap Financial Investments (+69.08%), United Housing & Development (+62.30%), Asek Company for Mining - Ascom (+61.77%) and Prime Holding (+59.44%).
The top five losers were (in ascending order of price change) Namaa for Development and Real Estate Investment Co. (-22.19%), Alexandria New Medical Center (-16.71%), Egyptian Real Estate Group - Bearer Shares (-11.69%), Guezira Hotels & Tourism (-9.98%) and Wadi Kom Ombo Land Reclamation (-8.11%).
Market Capitalization
Total market capitalization of shares in the main market amounted to US$ 66.58 billion (LE 405.75 billion) as of end of September 2012 compared to US$ 60.54 billion (LE 369.23 billion) in August 2012, representing an increase of 9.89%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 205.41 million (LE 1.25 billion) at the end of September 2012.
The bond capitalization recorded US$ 778.54 million (LE 4.74 billion) for corporate bonds and US$ 48.04 billion (LE 292.72 billion) for government bonds at the end of September 2012 (Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 820.49 million (LE 5 billion) at the end of September 2012.
Foreign Participation
In September 2012, foreign investors participated with 17.53% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 35.3 million (LE 214.9 million).