In November, the Egyptian bourse has recorded humble gains EGP 641 million. The capital market has closed at EGP 402.978 billion by the end of November sessions last Thursday, compared to EGP 402.337 billion by the end of last October sessions.
The Egyptian Exchange’s indices reported lackluster performance during November.
Through November – the main index, EGX30 rose by 0.04% to end at the level of 6184 points. For the mid- and small-cap index, the EGX70 increased by 0.39% to close at 519 points; while, the price index EGX100 advanced by 0.06% to conclude at the level of 867 points.
Turnovers & Market Summary
In November, EGX’s traded volume reached around 4.059 million securities worth turnovers of around EGP 13 billion, exchanged through 525 thousand transactions. Noting that, through last October the traded volume had reached 2.782 million securities worth turnovers of around EGP 11.2 billion, exchanged through 488 thousand transactions. Elsewhere, the traded volume for the EGX of SMEs – NILEX through November has amounted to 47 million securities worth EGP 164 million, exchanged through 19.881 thousand transactions.
For EGX’s Over-The-Counter – OTC trading, the shares had seized 84.3% out of the total traded value; while traded value of the bonds represented 15.7% in November.
Investors Activities:
Local investors led the market activity through November, seizing 82.62% of the total market; while non-Arab foreigners and Arabs acquired 10.99% and 6.39%, respectively of the total market, after excluding the deals.
Excluding the deals, the non-Arab foreigners were net sellers in November, with a net equity of EGP 299.54 million; while Arabs were net buyers, with a net equity of EGP 50.84 million, after excluding the deals.
It is worth noting that the non-Arab foreigners were net sellers since the beginning of 2013, with a net equity of EGP 1.691.24 billion; while Arabs were net sellers, with a net equity of EGP 225.02 million, after excluding the deals.
Also in November, institutions had seized 38.62% of the EGX’s transactions; while individuals had 61.38%.
Institutions were net sellers, with a net equity of EGP 15.34 million through November, after excluding the deals.
