Listing
Total number of listed companies on the main market in March 2011 remained 212 companies as the previous month. Meanwhile, the number of listed companies on Nilex has reached 18 at the end of March 2011.
There were no new listed companies on the main market this month. Meanwhile, one company was listed on Nilex, with a total capital of US$ 6.6 million (LE 39.6 million).
Turnover
Total number of trading days in March 2011 amounted to 7 days with a total value traded of US$ 2,311.18 million (LE 13,793.13 million). Value traded of the main market amounted to US$ 2,239.35 million (LE 13,364.46 million), of which shares, bonds and funds represented 52.35%, 47.65% and 0.00%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 67.63 million (LE 403.60 million), which represents 2.93% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 4.20 million (LE 25.08 million) during the month.
Total volume traded of the main market for this month reached 838.36 million securities. Meanwhile, the total volume traded of the OTC market has reached 132.87 million securities. Nilex has recorded a trading volume of 688.86 thousand securities.
During March 2011, 209,480 transactions were concluded with an average of 29,926 trades per day.
Worth mentioning that trading has been suspended on EGX since 30 January 2011 till 22 March 2011.
Indices
EGX 30 index, the official market index, witnessed a decrease of 3.24% in March 2011 to reach 5463.72 points and witnessed a YoY decrease of 19.72%.
Meanwhile, EGX 70 price index witnessed an increase of 7.04% in March 2011 to reach 574.98 points and witnessed a YoY decrease of 19.61%.
Moreover, EGX 100 price index witnessed a increase of 4.47% in March 2011 to reach 924.33 points and witnessed a YoY decrease of 20.37%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decrease of 2.54% in March, to close at 1202.99 points on 31/03/2011 and witnessed a YoY decrease of 16.63%.
On the other hand, the S&P/EGX ESG index witnessed a decrease of 0.23% in March, to close at 906.33 points and witnessed a YoY decrease of 14.96%.
Price Movements of Selected Shares
The ten most active stocks in the main market represented 68.63% of the total value & 66.38% 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) Universal for Paper and Packaging Materials (Unipack) (+43%), Alexandria Cement (+42%), Torah Cement (+37%), Sinai Cement (+34%) and Advanced Pharmaceutical Packaging Co. (APP) (+33%).
The top five losers were (in ascending order of price change) Palm Hills Development Company (-47%), Ezz Steel (-35%), GB AUTO (-31%), T M G Holding (-31%) Amer Group Holding (-26%).
Market Capitalization
Total market capitalization of shares in the main market amounted to US$ 68.32 billion (LE 407.74 billion) as of end of March 2011. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 161.92 million (LE 966.36 million) at the end of March 2011.
The bond capitalization recorded US$ 1.13 billion (LE 6.7 billion) for corporate bonds and US$ 34.07 billion (LE 203.33 billion) for government bonds at the end of March 2011 (Including Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 1.68 billion (LE 10 billion) at the end of March 2011.
Foreign Participation
In March 2011, foreign investors participated with 39.80% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 141.94 million (LE 847.08 million).