The Market Yesterday
EGP / USD CBE market average: Buy 15.68 | Sell 15.78
EGP / USD at CIB: Buy 15.67 | Sell 15.77
EGP / USD at NBE: Buy 15.68 | Sell 15.78
EGX30 (Tuesday): 11,146 (+1.3%)
Turnover: EGP 1.3 bn (16% above the 90-day average)
EGX 30 year-to-date: -20.2%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.3%. CIB, the index’s heaviest constituent, ended up 0.9%. EGX30’s top performing constituents were Madinet Nasr Housing up 6.5%, Sodic up 4.3%, and Orascom Development up 4.1%. Yesterday’s worst performing stocks were Dice down 1.3%, Egypt Kuwait Holding down 0.3% and Cleopatra Hospital down 0.2%. The market turnover was EGP 1.3 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -48.5 mn
Regional: Net Long | EGP +33.9 mn
Domestic: Net Long | EGP +14.6 mn
Retail: 79.0% of total trades | 80.1% of buyers | 78.0% of sellers
Institutions: 21.0% of total trades | 19.9% of buyers | 22.0% of sellers
WTI: USD 39.83 (+1.56%)
Brent: USD 41.88 (+1.43%)
Natural Gas: (Nymex, futures prices) USD 2.51 MMBtu (-3.94%, November 2020 contract)
Gold: USD 1,881.70 / troy ounce (-2.00%)
TASI: 8,369.33 (+1.35%) (YTD: -0.24%)
ADX: 4,428.78 (-0.11%) (YTD: -11.68%)
DFM: 2,225.52 (+0.04%) (YTD: -19.51%)
KSE Premier Market: 6,272.01 (+0.96%)
QE: 10,016.28 (+0.60%) (YTD: -3.93%)
MSM: 3,603.07 (+0.29%) (YTD: -9.50%)
BB: 1,445.28 (+0.33%) (YTD: -10.24%)