Listing
Total number of listed companies on the main market amounted to 213 at the end of May 2014. Meanwhile, the number of listed companies on Nilex reached 24 at the end of the month.
No companies were listed this month.
Turnover
Total number of trading days in May 2014 amounted to 19 days, with a total value traded of US$ 4,002 million (LE 28,577 million.).
Value traded of the main market amounted to US$ 3,894 million (LE 27,801 million), of which shares, bonds and funds represented 75.97%, 24.03% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 101 million (LE 723 million), which represents 2.53% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 7 million (LE 53 million) during the month.
This is in comparison to April 2014, when value traded of the main market amounted to US$ 2,823 million (LE 19,755 million.), of which shares represented 75.60%, bonds 24.40% and funds 0%. In addition, the OTC trading amounted to US$ 91 million (LE 634 million), i.e. 3.11% of total trading (on- and off-exchange trading), which reached US$ 2,919 million (LE 20,429 million). Additionally, Nilex has recorded a trading value of US$ 6 million (LE 40 million) during the month.
Total volume traded of the main market for this month reached 5,378 million securities. Meanwhile, the total volume traded of the OTC market has reached 40 million securities. Nilex has recorded a trading volume of 15 million securities.
During May 2014, 594,623 transactions were concluded with an average of 31,296 trades per day, as opposed to 592,904 transactions were concluded with an average of 31,205 trades per day, during April 2014.
Indices
EGX 30 index, the official market index, witnessed a decline of 0.16% in May 2014 to reach 8242.94 points and witnessed a YoY increase of 51.56%
Meanwhile, EGX 70 price index witnessed a decline of 3.27% in May 2014 to reach 589.5 points and witnessed a YoY increase of 33.84%
Moreover, EGX 100 price index witnessed a decline of 3.14% in May 2014 to reach 1030.85 points and witnessed a YoY increase of 39.01 %.
Moreover, EGX 20 Capped index witnessed an increase of 0.70% in May 2014 to reach 9,919.58 points and witnessed a YoY increase of 61.54%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decline of 1.64% in May 2014, to close at 1,706.38 points and witnessed a YoY increase of 41.58%.
On the other hand, the S&P/EGX ESG index witnessed an increase of 6.80% in May 2014, to close at 1,590.64 points and witnessed a YoY increase of 85.17%.
From another perspective, Nile index witnessed a decline of 2.30% in May 2014, to close at 825.84 points and witnessed a YoY decline of 7.00%.
Price Movements of Selected Shares
The ten most active stocks in the main market represented 78.47 % of total traded shares' volume and 63.98 % of total traded shares' value for this month.
During the month of May, the top five gainers, on the main market, were (in descending order of price change) Arabian Cement Company (428%), Sabaa International Company for Pharmaceutical and Chemical (341%), Nozha International Hospital (35.23%), Egypt for Poultry (24.70%) and Naeem Holding (23.08%)
The top five losers were (in ascending order of price change) Egyptian Real Estate Group Bearer Shares (-23.5%), Golden Coast Company (-15.8%), Marsa Marsa Alam for Tourism Development (-13.82%), El Wadi Co. for Touristic Investment (-13.5%) and Sharm Dreams Co. for Tourism Investment (-13.44%).
Market Capitalization
Total market capitalization of shares in the main market amounted to US$ 66.70 billion (LE 476.29 billion), as of end of May 2014 compared to US$ 68.31 billion (LE 478.03billion) in April 2014, representing a decline of 0.37%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 160.78 million (LE 1.15 billion) at the end of May 2014.
The bond capitalization recorded US$ 582.71 million (LE 4.16 billion) for corporate bonds and US$ 60.33 billion (LE 430.81 billion) for government bonds at the end of May 2014 (Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 700.24 million (LE 5 billion) at the end of May 2014.
Foreign Participation
In May 2014, foreign investors participated with 22.82% of the value traded of the main market, with a net inflow of portfolio foreign investment totaling US$ 12.55 million (LE 89.59 million).