The Market Yesterday
EGP / USD CBE market average: Buy 15.70 | Sell 15.80
EGP / USD at CIB: Buy 15.70 | Sell 15.80
EGP / USD at NBE: Buy 15.72 | Sell 15.82
EGX30 (Sunday): 11,092 (+0.2%)
Turnover: EGP 950 mn (15% below the 90-day average)
EGX 30 year-to-date: -20.6%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.2%. CIB, the index’s heaviest constituent, ended up 0.4%. EGX30’s top performing constituents were Cleopatra Hospital up 4.3%, Ezz Steel up 3.7%, and Orascom Construction up 3.7%. Yesterday’s worst performing stocks were Telecom Egypt down 5.8%, Ibnsina Pharma down 0.9% and Orascom Development Egypt down 0.9%. The market turnover was EGP 950 mn, and local investors were the sole net sellers.
Foreigners: Net long | EGP +34.8 mn
Regional: Net long | EGP +22.3 mn
Domestic: Net short | EGP -57.1 mn
Retail: 85.3% of total trades | 85.2% of buyers | 85.4% of sellers
Institutions: 14.7% of total trades | 14.8% of buyers | 14.6% of sellers
WTI: USD 37.33 (+0.08%)
Brent: USD 39.83 (-0.57%)
Natural Gas: (Nymex, futures prices) USD 2.27 MMBtu, (-2.32%, October contract)
Gold: USD 1,947.90 / troy ounce (-0.83%)
TASI: 8,203 (+0.84%) (YTD: -2.21%)
ADX: 4,510 (-0.20%) (YTD: -11.15%)
DFM: 2,274 (+0.17%) (YTD: -17.74%)
KSE Premier Market: 5,854 (+0.32%)
QE: 9,878 (+1.17%) (YTD: -5.25%)
MSM: 3,691 (+0.15%) (YTD: -7.27%)
BB: 1,398 (+0.63%) (YTD: -13.15%)