ANNUAL REPORT 2015
FEDERATION OF EURO-ASIAN STOCK EXCHANGES
EGYPTIAN EXCHANGE
Market capitalization jumps during 2014 to its highest level
in five years.
Dr. Mohammed Omran
Chairman
In a year that full of challenges whether internal,
external, political & economic challenges, EGX has
continued to reinforce and improve its position and
was able to exhibit strong performance in 2014.
Undoubtedly, the year 2014 is considered “The
Egyptian Exchange Year”. Our market indices surged
noticeably, pushing the Egyptian market to come
as one of the best performers compared to the
world’s markets as per Morgan Stanley indices.
Additionally, EGX registered high trading records;
the market capitalization has surpassed LE 500
billion during the year 2014, reaching its highest
level since 2009. The market has also witnessed
increasing liquidity levels, whereby the trading
volume has jumped to 57 billion securities; the
highest -ever in EGX history. On the other hand, at
the end of the year, Fitch raised Egypt’s credit rating
for the first time since 2011, which is considered a
good sign of Egypt’s economic recovery, indicating
its ability to return back to its former strength,
given the continued economic development and
modernization programs & political stability.
The capital increases and IPOs have also witnessed
vigorous upsurge during the year, which came
within the framework of our continued efforts
in supporting the Egyptian economy through
providing necessary funds for companies, helping
them to expand and grow.
key HigHligHts Of tHe year
Companies and market capitalization
Market capitalization (USD million)
Number of traded companies
Number of listed companies
Domestic companies
Foreign companies
Number of new listings
Trading
Total value traded (USD million)
Total volume traded (million)
Total number of transactions (thousand)
Turnover ratio (%)*
Index
EGX 30 Index (Main index)
31.12.2013 31.12.2014
70,181
231
247
246
1
13 61,713
227
236
235
1
9
40,726
57,229
7,327.12
38 23,331
29,190
4,790.28
21
8,926.58 6,782.84
On the international front, EGX has attained
an impressive international recognition and
appreciation during the year 2014, attaining
several international positions, which come within
the framework of our plan to restore Egypt’s
prominence regionally & internationally.
We’re very satisfied with what we have achieved
and the challenges we have faced, it’s been a tough
ride no doubt but we are looking forward to more
achievements in the coming years.
“
The result of the good
market performance, the
market capitalization has
surpassed LE 500 billion
during the year 2014,
reaching its highest level
since 2009.
”
* for the main market (after excluding deals)
ABOUT THE EGYPTIAN EXCHANGE
Established: 1883
Chairman: Dr. Mohamed Omran
Address: 4A, El Sherifien St., Postal Code 11513
P.O. Box 358 Mohamed Farid, Downtown, Cairo
Contact name: Sara Magdy
E: [email protected]
W: www.egx.com.eg
FULL MEMBERS
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