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In October, Egypt Bourse Lose EGP21.9 billion
Published in Amwal Al Ghad on 01 - 11 - 2014

In October, Egypt bourse acquired lost worth 21.9 billion Egyptian pounds. The country's main stock index, EGX30 dived by 7.09% during one month of trading to close at 9116 points driven by massive profit-taking processes after formerly reaching highest levels since 2008.
For the mid- and small-cap index, the EGX70 sank by 4.3% to close at 610 points. The price index EGX100 also pushed down by 4.97% to conclude at the level of 1110 points.
Furthermore, market capitalization ended at EGP 504.234 billion by the end of October's sessions, compared to EGP 526.214 billion by the end of last Septembers' sessions.
Turnovers & Market Summary
Throughout October, EGX's traded volume reached around 3.391 million securities worth turnovers of around EGP 16.8 billion, exchanged through 539 thousand transactions. Noting that, through last September the traded volume had reached 3.306 million securities worth turnovers of around EGP 17.9 billion, exchanged through 537 thousand transactions.
Elsewhere, the traded volume for the EGX of SMEs – NILEX throughout October has amounted to 13.3 million securities worth EGP 41.9 million, exchanged through 6.516 thousand transactions.
For EGX's Over-The-Counter - OTC trading, the shares had seized 80.4% out of the total traded value; while traded value of the bonds represented around 19.6% in October.
Investors Activities:
Local investors led the market activity during October, seizing 77.91% of the total market; while non-Arab foreigners and Arabs acquired 14.93% and 7.16%, respectively of the total market, after excluding the deals.
Excluding the deals, the non-Arab foreigners were net buyers in October, with a net equity of EGP 223.73 million. Arabs were also to buy, with a net equity of EGP 211.29 million, after excluding the deals.
Also in October, institutions had seized 47.27% of the EGX's transactions; while individuals had 52.73%.
Institutions were net buyers, with a net equity of EGP 298.21 million through June, after excluding the deals.
Trading on Bonds
In October, the volume of trading on bonds recorded around 2.881 thousand worth turnovers of around EGP 3.002 million.


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