BY THE NUMBERS
EGP / USD CBE market average: Buy 16.6009 | Sell 16.7065
EGP / USD at CIB: Buy 16.75 | Sell 16.85
EGP / USD at NBE: Buy 16.7 | Sell 16.8
EGX30 (Monday): 12,623 (+1.0%)
Turnover: EGP 1.3 bn
EGX 30 year-to-date: +2.3%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.0%. CIB, the index heaviest constituent rose 0.4%. The EGX30’s top performing constituents were: Heliopolis Housing up 8.3%, Ezz Steel up 6.3%, and Madinet Nasr Housing up 4.1%. Yesterday’s worst performing stocks included Domty down 4.4%, Eastern Co down 4.0%, and Juhayna down 1.8%. The market turnover was EGP1.3 billion, and local investors were the sole net buyers.
Foreigners: Net Short | EGP – 10.6 mn
Regional: Net Short | EGP – 16.2 mn
Domestic: Net Long | EGP + 26.8 mn
Retail: 52.3% of total trades | 10.9% of buyers | 93.8% of sellers
Institutions: 47.7% of total trades | 89.1% of buyers | 6.2% of sellers
Foreign: 4.0% of total | 3.9% of buyers | 4.1% of sellers
Regional: 83.6% of total | 83.5% of buyers | 83.7% of sellers
Domestic: 12.4% of total | 12.6% of buyers | 12.2% of sellers
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PHAROS VIEW
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WTI: USD 53.14 (-0.11%)
Brent: USD 56.01 (+0.20%)
Natural Gas (Nymex, futures prices) USD 2.88 MMBtu, (-0.86%, April 2017 contract)
Gold: USD 1,226.10 / troy ounce (+0.05%)
TASI: 6,976.4 (+0.1%) (YTD: -3.2%)
ADX: 4,604.3 (+0.9%) (YTD: +1.3%)
DFM: 3,556.8 (+0.4%) (YTD: +0.7%)
KSE Weighted Index: 425.7 (0.0%) (YTD: +12.0%)
QE: 10,622.5 (-0.9%) (YTD: +1.8%)
MSM: 5,799.9 (-0.1%) (YTD: +0.3%)
BB: 1,338.1 (-0.3%) (YTD: +9.6%)