BY THE NUMBERS
EGP / USD CBE market average: Buy 16.2303 | Sell 16.3359
EGP / USD at CIB: Buy 16.2 | Sell 16.3
EGP / USD at NBE: Buy 16.11 | Sell 16.21
EGX30 (Thursday): 12,310 (+2.6%)
Turnover: EGP 1.1 bn (163% above the 90-day average)
EGX 30 year-to-date: -0.3%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 2.6%. CIB, the index heaviest constituent rose 3.0%. The EGX30’s top performing constituents were: Pioneers Holding up 9.5%, EFG Hermes up 8.0%, and Global Telecom up 7.6%. Thursday’s worst performing stocks included Eastern Co down 2.3%, Domty down 1.5%, and Porto Group who ended the day flat. The market turnover was EGP1.1 billion, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +110.9 mn
Regional: Net Short | EGP -29.1 mn
Domestic: Net Short | EGP -81.8 mn
Retail: 69.2% of total trades | 61.6% of buyers | 76.8% of sellers
Institutions: 30.8% of total trades | 38.4% of buyers | 23.2% of sellers
Foreign: 16.6% of total | 21.5% of buyers | 11.8% of sellers
Regional: 6.8% of total | 5.5% of buyers | 8.1% of sellers
Domestic: 76.6% of total | 73.0% of buyers | 80.1% of sellers
WTI: USD 53.33 (+1.37%)
Brent: USD 55.90 (+1.49%)
Natural Gas (Nymex, futures prices) USD 2.83 MMBtu, (+0.82%, April 2017 contract)
Gold: USD 1,226.50 / troy ounce (-0.52%)
TASI: 7,016.7 (+0.7%) (YTD: -2.7%)
ADX: 4,596.4 (+0.6%) (YTD: +1.1%)
DFM: 3,583.7 (-1.0%) (YTD: +1.5%)
KSE Weighted Index: 424.5 (+0.7%) (YTD: +11.7%)
QE: 10,721.2 (-0.3%) (YTD: +2.7%)
MSM: 5,815.1 (+0.4%) (YTD: +0.6%)
BB: 1,341.5 (-0.2%) (YTD: +9.9%)