Listing
Total number of listed companies on the main market in April 2011 remained 212 companies as the previous month. Meanwhile, the number of listed companies on Nilex has reached 18 at the end of April 2011.
There were no new listed companies this month.
Turnover
Total number of trading days in April 2011 amounted to 18 days with a total value traded of US$ 1,921.06 million (LE 11,423.96 million). Value traded of the main market amounted to US$ 1,734.83 million (LE 10,316.54 million), of which shares, bonds and funds represented 86.99%, 13.01% and 0.00%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 183.18 million (LE 1,089.33 million), which represents 9.54% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 3.04 million (LE 18.08 million) during the month.
This is in comparison to March 2011, when value traded of the main market amounted to US$ 2,239.35 million (LE 13,364.46 million), of which shares represented 52.35%, bonds 47.65% and funds 0.00%. In addition, the OTC trading amounted to US$ 67.63 million (LE 403.60 million) i.e. 2.93% of total trading (on- and off-exchange trading), which reached US$ 2,311.18 million (LE 13,793.13 million). Additionally, Nilex has recorded a trading value of US$ 4.20 million (LE 25.08 million) during the month. Worth mentioning that the total number of trading days in March 2011 amounted to 7 days.
Total volume traded of the main market for this month reached 1,326.84 million securities. Meanwhile, the total volume traded of the OTC market has reached 77.25 million securities. Nilex has recorded a trading volume of 1.09 million securities.
During April 2011, 562,612 transactions were concluded with an average of 31,256 trades per day, as opposed to 209,480 transactions and an average of 29,926 trades per day in March 2011.
Indices
EGX 30 index, the official market index, witnessed a decrease of 8.42% in April 2011 to reach 5003.65 points and witnessed a YoY decrease of 32.85%.
Meanwhile, EGX 70 price index witnessed an increase of 3.77% in April 2011 to reach 596.63 points and witnessed a YoY decrease of 16.86%.
Moreover, EGX 100 price index witnessed a increase of 0.21% in April 2011 to reach 926.26 points and witnessed a YoY decrease of 20.83%.
Additionally, the Dow Jones EGX Egypt Titans 20 index witnessed a decrease of 7.92% in April, to close at 1107.73 points on 28/04/2011 and witnessed a YoY decrease of 29.89%.
On the other hand, the S&P/EGX ESG index witnessed a decrease of 3.49% in April, to close at 874.68 points and witnessed a YoY decrease of 21.51%.
Price Movements of Selected Shares
The ten most active stocks in the main market represented 51.69% of the total value & 61.05% of the total volume of shares traded for the month.
During the month of April, the top five gainers, on the main market, were (in descending order of price change) Kafr El Zayat Pesticides (+78.91%), Egyptian for Developing Building Materials (+70.41%), General Company for Land Reclamation, Development & Reconstruction (+56.02%), Gulf Canadian Real Estate Investment Co. (+43.07%) and Ceramic & Porcelain (+38.62%).
The top five losers were (in ascending order of price change) Egyptian for Tourism Resorts (-25.81%), Golden Pyramids Plaza (-24.60%), Palm Hills Development Company (-24.03%), Ezz Steel (-23.11%) and Egyptian Financial & Industrial (-21.70%).
Market Capitalization
Total market capitalization of shares in the main market amounted to US$ 65.19 billion (LE 387.64 billion) as of end of April 2011 compared to US$ 68.32 billion (LE 407.74 billion) in March 2010, representing a decrease of 4.93%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 135.52 million (LE 805.89 million) at the end of April 2011.
The bond capitalization recorded US$ 1.13 billion (LE 6.69 billion) for corporate bonds and US$ 34.34 billion (LE 204.19 billion) for government bonds at the end of April 2011 (Including Treasury Bonds according to Primary Dealers System). Meanwhile, the market capitalization of the Public Juristic Entities bonds amounted to US$ 1.26 billion (LE 7.50 billion) at the end of April 2011.
Foreign Participation
In April 2011, foreign investors participated with 38.57% of the value traded of the main market, with a net outflow of portfolio foreign investment totaling US$ 30 million (LE 178.38 million).