EGX Roller of 2019 – Egypttoday

EGX Roller of 2019 – Egypttoday

EGP appreciation was the headliner of December, breaking below the EGP16/USD level for the first time since early 2017.. The broader index EGX100 dipped 0.28% (3.9 points), to record 1,398.10 points, down from 1,402 points by the end of the previous month.. The total value traded in December recorded LE 35.1 billion, while the total volume traded reached 3,534 million securities executed over 373 thousand transactions.. Stock trading accounted for 49.25% of the total value traded of the main market, while the remaining 50.75% were captured by bonds over the month.. Listed Stocks recorded a trading volume of 2.50 billion during the month, through 365,587 transactions, with a turnover of LE14.07 billion, compared to a trading volume of 2.38 billion shares, through 360,837 transactions, with a turnover of LE 11.71 billion in November.. Since the beginning of the year, Egyptians have represented 66.8% of the value traded in listed stocks after excluding deals, foreigners accounted for 24.5%, while Arabs captured 8.7%.. Foreigners were net sellers by EGP1,682.8 million, and Arabs were net sellers by LE 1,082.4 million, after excluding deals in listed stocks.. Offerings in 2019By the end of February 2019, Egypt floated a stake of Eastern Company on EGX,