Listing
Total number of listed companies on the main market amounted to 214 at the end of January 2012. Meanwhile, the number of listed companies on Nilex reached 19 at the end of January 2012.
This month witnessed the listing of one new company in the main market with a total value of LE 2.2 billion.
Turnover
Total number of trading days in January 2012 amounted to 20 days with a total value traded of US$ 1,168.58 million (LE 7,046.40 million). Value traded of the main market amounted to US$ 987.43 million (LE 5,954.08 million), of which shares, bonds and funds represented 97.57%, 2.43% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 178.16 million (LE 1,074.29 million), which represents 15.25% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 2.99 million (LE 18.03 million) during the month.
This is in comparison to December 2011, when value traded of the main market amounted to US$ 889.68 million (LE 5,366.44 million), of which shares represented 94.85%, bonds 5.15% and funds 0%. In addition, the OTC trading amounted to US$ 814.29 million (LE 4,911.69 million) i.e. 47.74% of total trading (on- and off-exchange trading), which reached US$ 1,705.59 million (LE 10,287.95 million). Additionally, Nilex has recorded a trading value of US$ 1.63 million (LE 9.81 million) during the month.
Total volume traded of the main market for this month reached 1,665.19 million securities. Meanwhile, the total volume traded of the OTC market has reached 53.97 million securities. Nilex has recorded a trading volume of 3.63 million securities.
During January 2012, 400,225 transactions were concluded with an average of 20,011 trades per day, as opposed to 333,822 transactions and an average of 15,896 trades per day in December 2011.
Indices
EGX 30 index, the official market index, witnessed an increase of 28.32% in January 2012 to reach 4648.13 points and witnessed a YoY decline of 17.68%.
Meanwhile, EGX 70 price index witnessed an increase of 11.00% in January 2012 to reach 461.31 points and witnessed a YoY decline of 14.12%.
Moreover, EGX 100 price index witnessed an increase of 17.15% in January 2012 to reach 753.35 points and witnessed a YoY decline of 14.86%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed an increase of 26.94% in January, to close at 1036.79 points and witnessed a YoY decline of 16.00%.
On the other hand, the S&P/EGX ESG index witnessed an increase of 22.04% in January, to close at 729.73 points and witnessed a YoY decline of 19.67%.
Price Movements of Selected Shares
The ten most active stocks in the main market represented 55.12% of the total value & 67.06% of the total volume of shares traded for the month.
During the month of January, the top five gainers, on the main market, were (in descending order of price change) Egyptian International Tourism Projects (+124.88%), Pioneers Holding (+71.62%), Ezz Steel (+51.21%), Egyptians for Investment & Urban Development (+41.85%) General Company for Land Reclamation, Development & Reconstruction (+38.74%).
The top five losers were (in ascending order of price change) Medical Packaging Company (-30.11%), Al Arafa for Investment and Consultancies (-5.00%), Saudi Egyptian Investment & Finance (-4.12%), Torah Cement (-1.39%) and Eastern Tobacco (-0.8%).
Market Capitalization
Total market capitalization of shares in the main market amounted to US$ 57.16 billion (LE 344.72 billion) as of end of January 2012 compared to US$ 48.67 billion (LE 293.59 billion) in December 2011, representing an increase of 17.4%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 164.24 million (LE 990.37 million) at the end of January 2012.
The bond capitalization recorded US$ 0.83 billion (LE 4.99 billion) for corporate bonds and US$ 35.46 billion (LE 213.85 billion) for government bonds at the end of January 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 January 2012.
Foreign Participation
In January 2012, foreign investors participated with 32.94% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 33.55 million (LE 202.3 million).