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Monday, 31 August 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.81 | Sell 15.91
EGP / USD at CIB: Buy 15.81 | Sell 15.91
EGP / USD at NBE: Buy 15.82 | Sell 15.92

EGX30 (Sunday): 11,434 (-0.2%)
Turnover: EGP 1.3 bn (21% above the 90-day average)
EGX 30 year-to-date: -18.1%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.2%. CIB, the index’s heaviest constituent, ended down 0.5%. EGX30’s top performing constituents were Dice up 8.6%, Sidi Kerir Petrochemicals up 3.9%, and Kima up 3.0%. Yesterday’s worst performing stocks were CIRA down 4.4%, Juhayna down 1.8% and Eastern Company down 1.7%. The market turnover was EGP 1.3 bn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -36.7 mn
Regional: Net long | EGP +4.2 mn
Domestic: Net long | EGP +32.6 mn

Retail: 86.6% of total trades | 87.1% of buyers | 86.1% of sellers
Institutions: 13.4% of total trades | 12.9% of buyers | 13.9% of sellers

WTI: USD 42.97 (-0.16%)

Brent: USD 45.81 (+0.46%)

Natural Gas: (Nymex, futures prices) USD 2.66 MMBtu, (-1.96%, October 2020 contract)

Gold: USD 1,974.90 / troy ounce (+2.19%)

TASI: 7,983 (+0.62%) (YTD: -4.83%)
ADX: 4,537 (+0.05%) (YTD: -10.60%)
DFM: 2,261 (-0.34%) (YTD: -18.21%)
KSE Premier Market: 5,874 (+0.37%)
QE: 9,922 (+0.40%) (YTD: -4.82%)
MSM: 3,751 (+0.38%) (YTD: -5.77%)
BB: 1,380 (+0.57%) (YTD: -14.24%)

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