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Wednesday, 10 June 2020

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 16.13 | Sell 16.23
EGP / USD at CIB: Buy 16.13 | Sell 16.23
EGP / USD at NBE: Buy 16.12 | Sell 16.22

EGX30 (Tuesday): 11,063 (-0.8%)
Turnover: EGP 1.2 bn (59% above the 90-day average)
EGX 30 year-to-date: -20.8%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.8%. CIB, the index’s heaviest constituent, ended down 0.9%. EGX30’s top performing constituents were Eastern Company up 2.6%, Orascom Construction up 2.5%, and Ezz Steel up 1.8%. Yesterday’s worst performing stocks were Egyptian Resorts down 5.3%, Dice down 4.7% and Cleopatra Hospital down 3.0%. The market turnover was EGP 1.2 bn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -51.5 mn
Regional: Net Short | EGP -15.1 mn
Domestic: Net Long | EGP +66.6 mn

Retail: 66.6% of total trades | 68.2% of buyers | 64.9% of sellers
Institutions: 33.4% of total trades | 31.8% of buyers | 35.1% of sellers

WTI: USD 38.41 (-1.36%)
Brent: USD 41.18 (+0.93%)

Natural Gas (Nymex, futures prices) USD 1.76 MMBtu, (-0.23%, July 2020 contract)
Gold: USD 1,719.60 / troy ounce (-0.13%)

TASI: 7,239.38 (+0.40%) (YTD: -12.63%)
ADX: 4,332.28 (-0.84%) (YTD: -14.65%)
DFM: 2,124.63 (-1.82%) (YTD: -23.16%)
KSE Premier Market: 5,628.10 (+1.17%)
QE: 9,258.04 (-0.62%) (YTD: -11.20%)
MSM: 3,523.35 (-0.40%) (YTD: -11.50%)
BB: 1,281.11 (+0.30%) (YTD: -20.44%)

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