In December, the Egyptian bourse has attained gains totaled EGP 23.8 billion. The capital market has closed at EGP 426.810 billion by the end of December sessions last Thursday, compared to EGP 402.978 billion by the end of last November sessions.
The Egyptian Exchange’s indices reported lackluster performance during December.
Through December – the main index, EGX30 jumped by 9.68% to end at the level of 6783 points. For the mid- and small-cap index, the EGX70 climbed by 4.55% to close at 542 points; while, the price index EGX100 soared by 6.48% to conclude at the level of 923 points.
Turnovers & Market Summary
In December, EGX’s traded volume reached around 3.454 million securities worth turnovers of around EGP 15.4 billion, exchanged through thousand transactions. Noting that, through last November the traded volume had reached 4.059 million securities worth turnovers of around EGP 13 billion, exchanged through 525 thousand transactions.
Elsewhere, the traded volume for the EGX of SMEs – NILEX through December has amounted to 61.2 million securities worth EGP 238.1 million, exchanged through 29.931 thousand transactions.
For EGX’s Over-The-Counter – OTC trading, the shares had seized 67.4% out of the total traded value; while traded value of the bonds represented around 32.6% in December.
Local investors led the market activity through December, seizing 87.07% of the total market; while non-Arab foreigners and Arabs acquired 7.40% and 5.53%, respectively of the total market, after excluding the deals.
Excluding the deals, the non-Arab foreigners were net sellers in December, with a net equity of EGP 309.81 million; while Arabs were net buyers, with a net equity of EGP 145.06 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 2.001.05 billion; while Arabs were net sellers, with a net equity of EGP 79.96 million, after excluding the deals.
Also in December, institutions had seized 49.99% of the EGX’s transactions; while individuals had 50.01%.
Institutions were net buyers, with a net equity of EGP 97.97 million through December, after excluding the deals.