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The Financial Regulatory Authority: Total Trading Value was 242.2 Billion EGP within nine months


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Dr. Mohammed Omran – FRA’s Chairman stated that the number of approvals on issuing capital increase shares by the end of September  2017 was amounted to 3778 approvals with an issued value of 102.6 billion pounds, in which an amount of 71.03 billion pounds was paid. 

He added that the market capitalization of listed shares witnessed a rise by 85% by the end of September 2017 compared to the same period last year to reach 748.6 billion EGP.  In addition to this, the percentage of market capitalization to the Gross domestic product (GDP) was 27.6% by the end of the first nine months of this year.  On the other hand, the main stock index (EGX30) witnessed a rise by 76% compared to the same period last year.

Dr. Omran noted that the total trading value of listed and delisted shares within the first nine months of 2017 reached about 242.2 billion pounds, compared to the total trading value of 172.8 billion pounds during the same period last year representing an increase by 40%. The total value of trading on bonds (government – corporate- Iskan) was about 13.96 billion pounds by the end of September 2017.

Dr. Omran pointed out that Egyptians’ transactions by the end of September 2017 was 73.2% of market’s transactions. Meanwhile, foreigners’ transactions were 16.9% and Arab’s transactions were 9.9% after excluding deals. In addition, transactions of Arabs and foreigners (net buying) were amounted to 8.6 billion pounds within the first nine months of 2017.

He added that the number of licenses granted by the Financial Regulatory Authority (FRA) was 835 in capital market, including 209 licenses for participating in the establishment of companies. Besides, the total number of companies licensed to practice these activities was 747 companies by the end of the first nine months of 2017.

The total number of those who passed the tests held by the Authority was 195 applicants.

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Regulator Information

Abbreviation: FRA
Jurisdiction: Egypt

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