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Thursday, 9 July 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.97 | Sell 16.07
EGP / USD at CIB: Buy 15.96 | Sell 16.06
EGP / USD at NBE: Buy 15.99 | Sell 16.09

EGX30 (Wednesday): 11,275 (+0.7%)
Turnover: EGP 1.6 bn (84% above the 90-day average)
EGX 30 year-to-date: -20.3%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.7%. CIB, the index’s heaviest constituent, ended up 1%. EGX30’s top performing constituents were Madinet Nasr Housing up 6%, Sodic up 5%, and Porto Group up 4%. Yesterday’s worst performing stocks were Dice down 4.3%, Eastern Co down 1.7% and Kima down 1%. The market turnover was EGP 1.6 bn, and local investors were the sole net buyers.

Foreigners: Net short | EGP -4.5 mn
Regional: Net short | EGP -26.2 mn
Domestic: Net long | EGP +30.7 mn

Retail: 68% of total trades | 63.3% of buyers | 72.7% of sellers
Institutions: 32% of total trades | 36.7% of buyers | 27.3% of sellers

WTI: USD 40.88 (+0.64%)
Brent: USD 43.35 (+0.63%)

Natural Gas (Nymex, futures prices) USD 1.82 MMBtu, (-3.04%, August contract)
Gold: USD 1,817.80 / troy ounce (+0.44%)

TASI: 7,394 (-0.08%) (YTD: -11.86%)
ADX: 4,311 (-0.67%) (YTD:-15.05%)
DFM: 2,083 (-0.69%) (YTD: -24.65%)
KSE Premier Market: 5,616 (-0.35%)
QE: 9,224 (-0.21%) (YTD: -11.52%)
MSM: 3,493 (-0.27%) (YTD: -12.25%)
BB: 1,283 (+0.2%) (YTD: -20.3%)

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