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Tuesday, 20 October 2020

The Market Yesterday

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EGP / USD CBE market average: Buy 15.64 | Sell 15.74
EGP / USD at CIB: Buy 15.63 | Sell 15.73
EGP / USD at NBE: Buy 15.65 | Sell 15.75

EGX30 (Monday): 11,171 (-0.1%)
Turnover: EGP 913 mn (18% below the 90-day average)
EGX 30 year-to-date: -19.9%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.6%. EGX30’s top performing constituents were Madinet Nasr Housing up 2.4%, CIRA up 1.8%, and GB Auto up 1.7%. Yesterday’s worst performing stocks were Egyptian Iron & Steel down 2.0%, Sidi Kerir Petrochemicals down 1.8% and Dice down 1.6%. The market turnover was EGP 913 mn, and regional investors were the sole net buyers.

Foreigners: Net Short | EGP -11.8 mn
Regional: Net Long | EGP +28.4 mn
Domestic: Net Short | EGP -16.6 mn

Retail: 78.0% of total trades | 78.3% of buyers | 77.7% of sellers
Institutions: 22.0% of total trades | 21.7% of buyers | 22.3% of sellers

WTI: USD 40.83 (-0.12%)
Brent: USD 42.44 (-1.14%)

Natural Gas: (Nymex, futures prices) USD 2.80 MMBtu (+0.79%, November 2020 contract)
Gold: USD 1,911.70 / troy ounce (+0.28%)

TASI: 8,547.61 (-0.15%) (YTD: +1.89%)
ADX: 4,559.55 (+0.28%) (YTD: -10.17%)
DFM: 2,208.81 (+1.26%) (YTD: -20.11%)
KSE Premier Market: 6,218.92 (-1.52%)
QE: 9,999.66 (-0.10%) (YTD: -4.08%)
MSM: 3,588.56 (-0.39%) (YTD: -9.86%)
BB: 1,461.08 (-1.07%) (YTD: -9.26%)

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