The Market Yesterday
EGP / USD CBE market average: Buy 15.88 | Sell 15.98
EGP / USD at CIB: Buy 15.87 | Sell 15.97
EGP / USD at NBE: Buy 15.88 | Sell 15.98
EGX30 (Tuesday): 11,077 (-0.6%)
Turnover: EGP 1.2 bn (18% above the 90-day average)
EGX 30 year-to-date: -20.7%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.6%. CIB, the index’s heaviest constituent, ended down 0.5%. EGX30’s top performing constituents were GB Auto up 3.2%, Qalaa Holding up 1.8%, and Egyptian Resorts up 1.5%. Yesterday’s worst performing stocks were Dice down 3.5%, Juhayna down 2.8% and CIRA down 2.5%. The market turnover was EGP 1.2 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +6.3 mn
Regional: Net Long | EGP +20.0 mn
Domestic: Net Short | EGP -26.3 mn
Retail: 71.7% of total trades | 73.0% of buyers | 70.3% of sellers
Institutions: 28.3% of total trades | 27.0% of buyers | 29.7% of sellers
WTI: USD 42.50 (-0.91%)
Brent: USD 45.01 (-0.79%)
Natural Gas (Nymex, futures prices) USD 2.41 MMBtu, (+3.21%, Sep 2020 contract)
Gold: USD 2,010.00 / troy ounce (+0.57%)
TASI: 7,853.57 (+1.24%) (YTD: -6.39%)
ADX: 4,445.48 (+0.32%) (YTD: -12.42%)
DFM: 2,224.61 (+0.85%) (YTD: -19.54%)
KSE Premier Market: 5,740.80 (-0.99%)
QE: 9,775.28 (+0.82%) (YTD: -6.24%)
MSM: 3,570.58 (+0.54%) (YTD: -10.31%)
BB: 1,348.96 (+0.03%) (YTD: -16.22%)