Listing
Total number of listed companies on the main market amounted to 212 at the end of July 2011. Meanwhile, the number of listed companies on Nilex reached 18 at the end of July 2011.
One new company was listed on the main market this month, with a total capital of US$ 6.7 million (LE 40 million).
Turnover
Total number of trading days in July 2011 amounted to 20 days with a total value traded of US$ 1,660.15 million (LE 9,887.83 million). Value traded of the main market amounted to US$ 1,480.44 million (LE 8,817.50 million), of which shares, bonds and funds represented 95.22%, 4.76% and 0.02%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 178.91 million (LE 1,065.61 million), which represents 10.78% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 0.79 million (LE 4.72 million) during the month.
This is in comparison to June 2011, when value traded of the main market amounted to US$ 2,913.06 million (LE 17,388.07 million), of which shares represented 84.1%, bonds 15.9% and funds 0.00%. In addition, the OTC trading amounted to US$ 521.54 million (LE 3,113.09 million) i.e. 15.17% of total trading (on- and off-exchange trading), which reached US$ 3,436.96 million (LE 20,515.19 million). Additionally, Nilex has recorded a trading value of US$ 2.35 million (LE 14.03 million) during the month.
Total volume traded of the main market for this month reached 1,729.52 million securities. Meanwhile, the total volume traded of the OTC market has reached 99.08 million securities. Nilex has recorded a trading volume of 1.48 million securities.
During July 2011, 592,416 transactions were concluded with an average of 29,621 trades per day, as opposed to 780,821 transactions and an average of 35,492 trades per day in June 2011.
Indices
EGX 30 index, the official market index, witnessed a decrease of 6.28% in July 2011 to reach 5035.63 points and witnessed a YoY decrease of 20.28%.
Meanwhile, EGX 70 price index witnessed an increase of 1.90% in July 2011 to reach 641.6 points and witnessed a YoY increase of 5.84%.
Moreover, EGX 100 price index witnessed a decrease of 1.93% in July 2011 to reach 954.07 points and witnessed a YoY decrease of 4.14%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decrease of 5.92% in July, to close at 1103.03 points on 31/07/2011 and witnessed a YoY decrease of 18.68%.
On the other hand, the S&P/EGX ESG index witnessed an decrease of 3.76% in July, to close at 865.07 points and witnessed a YoY decrease of 13.29%.
Price Movements of Selected Shares
The ten most active stocks in the main market represented 40.1% of the total value & 60.64% of the total volume of shares traded for the month.
During the month of July, the top five gainers, on the main market, were (in descending order of price change) Delta Construction & Rebuilding (+95.11%), Ismailia Misr Poultry (+55.19%), Canal Shipping Agencies (+38.13%), National Real Estate Bank for Development (+37.80%) and Gharbia Islamic Housing Development (+35.64%).
The top five losers were (in ascending order of price change) Egyptian Chemical Industries (Kima) (-25.05%), AJWA for Food Industries Company - Egypt (-24.33%), Egyptian Company for Mobile Services (MobiNil) (-20.44%), Advanced Pharmaceutical Packaging Co. (APP) (-17.39%) and Mansourah Poultry (-16.72%).
Market Capitalization
Total market capitalization of shares in the main market amounted to US$ 64.49 billion (LE 384.10 billion) as of end of July 2011 compared to 66.97 billion (LE 399.76 billion) in June 2011, representing a decline of 3.9%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 157.31 million (LE 936.92 million) at the end of July 2011.
The bond capitalization recorded US$ 1.15 billion (LE 6.83 billion) for corporate bonds and US$ 34.12 billion (LE 203.22 billion) for government bonds at the end of July 2011 (Including Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 839.49 million (LE 5 billion) at the end of July 2011.
Foreign Participation
In July 2011, foreign investors participated with 25.67% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 10.12 million (LE 60.26 million).