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Thursday, 6 August 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.94 | Sell 16.04
EGP / USD at CIB: Buy 15.93 | Sell 16.03
EGP / USD at NBE: Buy 15.92 | Sell 16.02

EGX30 (Wednesday): 10,704 (+0.8%)
Turnover: EGP 1.3 bn (36% above the 90-day average)
EGX 30 year-to-date: -23.3%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.8%. CIB, the index’s heaviest constituent, ended up 0.9%. EGX30’s top performing constituents were Dice up 9.2%, Sodic up 5.5%, and Orascom Development up 5.4%. Yesterday’s worst performing stocks were Credit Agricole down 1.3%, Sidi Kerir down 1.2% and AMOC down 1.2%. The market turnover was EGP 1.3 bn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -97.5 mn
Regional: Net Long | EGP +9.0 mn
Domestic: Net Long | EGP +88.5 mn

Retail: 71.7% of total trades | 68.3% of buyers | 75.1% of sellers
Institutions: 28.3% of total trades | 31.7% of buyers | 24.9% of sellers

WTI: USD 42.19 (+1.18%)
Brent: USD 45.36 (+2.09%)

Natural Gas (Nymex, futures prices) USD 2.19 MMBtu, (-0.09.%, September contract)
Gold: USD 2,053.50 / troy ounce (+0.20%)

TASI: 7,470.26 (+0.15%) (YTD: -10.95%)
ADX: 4,305.92 (-0.28%) (YTD: -15.17%)
DFM: 2,079.39 (+0.03%) (YTD: -24.79%)
KSE Premier Market: 5,490.97 (+0.35%)
QE: 9,321.96 (-0.49%) (YTD: -10.59%)
MSM: 3,568.10 (+0.28%) (YTD: -10.38%)
BB: 1,292.44 (+0.14%) (YTD: -19.73%)

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