BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0309 | Sell 18.1321
EGP / USD at CIB: Buy 18.05 | Sell 18.15
EGP / USD at NBE: Buy 17.95 | Sell 18.05
EGX30 (Wednesday): 12,993 (+0.5%)
Turnover: EGP 1.2 bn (40% below the 90-day average)
EGX 30 year-to-date: +5.3%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.5%. CIB, the index heaviest constituent ended up 0.8%. EGX30’s top performing constituents were: Credit Agricole up 4.9%, Egyptian Iron & Steel up 2.5%, and up Global Telecom 1.9%. Yesterday’s worst performing stocks were: Orascom Construction down 3.1%, Domty down 1.9%, and Elsewedy Electric down 1.4%. The market turnover was EGP 1.2 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +31.6 mn
Regional: Net Short | EGP -19.2 mn
Domestic: Net Short | EGP -12.4 mn
Retail: 62.7% of total trades | 66.1% of buyers | 59.4% of sellers
Institutions: 37.3% of total trades | 33.9% of buyers | 40.6% of sellers
Foreign: 21.5% of total | 22.8% of buyers | 20.2% of sellers
Regional: 11.8% of total | 11.0% of buyers | 12.6% of sellers
Domestic: 66.7% of total | 66.2% of buyers | 67.2% of sellers
WTI: USD 47.50 (+0.36%)
Brent: USD 50.39 (+0.34%)
Natural Gas (Nymex, futures prices) USD 3.28 MMBtu, (-0.27%, June 2017 contract)
Gold: USD 1,218.10 / troy ounce (-0.07%)
TASI: 6,930.32 (+0.17%) (YTD: -3.88%)
ADX: 4,581.76 (-0.06%) (YTD: +0.78%)
DFM: 3,395.21 (-0.39%) (YTD: -3.84%)
KSE Weighted Index: 399.21 (+0.55%) (YTD: +5.03%)
QE: 9,991.67 (+1.28%) (YTD: -4.26%)
MSM: 5,430.09 (+0.13%) (YTD: -6.10%)
BB: 1,308.05 (-0.58%) (YTD: +7.18%)