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Wednesday, 1 July 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.09 | Sell 16.19
EGP / USD at CIB: Buy 16.09 | Sell 16.19
EGP / USD at NBE: Buy 16.07 | Sell 16.17

EGX30 (Tuesday): 10,765 (+0.1%)
Turnover: EGP 1.1 bn (35% above the 90-day average)
EGX 30 year-to-date: -22.9%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.1%. CIB, the index’s heaviest constituent, ended down 0.7%. EGX30’s top performing constituents were Porto Group up 6.1%, SODIC up 3.5%, and Credit Agricole up 3.0%. Yesterday’s worst performing stocks were Dice down 1.9%, EKHO down 1.1% and CIB down 0.7%. The market turnover was EGP 1.1 bn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -120.1 mn
Regional: Net Short | EGP -20.5 mn
Domestic: Net Long | EGP +140.5 mn

Retail: 64.0% of total trades | 62.1% of buyers | 65.9% of sellers
Institutions: 36.0% of total trades | 37.9% of buyers | 34.1% of sellers

WTI: USD 39.27 (-1.08%)
Brent: USD 41.15 (-1.34%)

Natural Gas (Nymex, futures prices) USD 1.75 MMBtu, (+2.46%, August 2020 contract)
Gold: USD 1,800.50 / troy ounce (+1.08%)

TASI: 7,224.09 (-0.87%) (YTD: -13.89%)
ADX: 4,285.80 (+0.24%) (YTD: -15.56%)
DFM: 2,065.28 (-0.74%) (YTD: -25.30%)
KSE Premier Market: 5,607.07 (-0.24%)
QE: 8,998.56 (-0.59%) (YTD: -13.69%)
MSM: 3,516.00 (-0.13%) (YTD: -11.68%)
BB: 1,277.61 (-0.01%) (YTD: -20.65%)

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