BY THE NUMBERS
EGP / USD CBE market average: Buy 15.7679 | Sell 15.8706
EGP / USD at CIB: Buy 15.7 | Sell 15.8
EGP / USD at NBE: Buy 15.7 | Sell 15.75
EGX30 (Tuesday): 11,938 (-0.7%)
Turnover: EGP 1.2 bn (177% above the 90-day average)
EGX 30 year-to-date: -3.3%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.7%. CIB, the index heaviest constituent inched down 0.3%. The EGX30’s top performing constituents were: Cairo Oils and Soap up 5.4%, Madinet Nasr Housing up 2.0%, and Elsewedy Electric ended almost flat. Yesterday’s worst performing stocks included Egyptian Iron and Steel down 7.9%, Telecom Egypt down 6.1%, and Arab Cotton Ginning down 5.9%. The market turnover was EGP1.2 billion, and local investors were the sole net buyers.
Foreigners: Net Short | EGP – 8.5 mn
Regional: Net Short | EGP – 79.4 mn
Domestic: Net Long | EGP + 87.9 mn
Retail: 49.9% of total trades | 54.3% of buyers | 45.5% of sellers
Institutions: 50.1% of total trades | 45.7% of buyers | 54.5% of sellers
Foreign: 23.8% of total | 23.4% of buyers | 24.1% of sellers
Regional: 19.1% of total | 15.8% of buyers | 22.4% of sellers
Domestic: 57.1% of total | 60.8% of buyers | 53.5% of sellers
WTI: USD 53.92 (-0.17%)
Brent: USD 55.59 (-0.61%)
Natural Gas (Nymex, futures prices) USD 2.76 MMBtu, (-0.47%, April 2017 contract)
Gold: USD 1,246.10 / troy ounce (-0.62%)
TASI: 6,972.4 (0.0%) (YTD: -3.3%)
ADX: 4,552.1 (-1.7%) (YTD: +0.1%)
DFM: 3,630.3 (-0.1%) (YTD: +2.8%)
KSE Weighted Index: 424.0 (-0.2%) (YTD: +11.6%)
QE: 10,702.1 (-2.2%) (YTD: +2.5%)
MSM: 5,780.0 (-0.7%) (YTD: 0.0%)
BB: 1,349.7 (0.0%) (YTD: +10.6%)