BY THE NUMBERS
EGP / USD CBE market average: Buy 17.9488 | Sell 18.0579
EGP / USD at CIB: Buy 18.00 | Sell 18.10
EGP / USD at NBE: Buy 17.90 | Sell 18.00
EGX30 (Tuesday): 12,790 (-1.1%)
Turnover: EGP 1.1 bn (153% above the 90-day average)
EGX 30 year-to-date: +3.6%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.1%. CIB, the index heaviest constituent declined by 1.3%. The EGX30’s top performing constituents were: ACC up 1.9%, Ezz Steel up 1.8%, and Egyptian Iron and Steel up 1.7%. Yesterday’s worst performing stocks included Amer Group down 3.3%, Elsewedy Electric down 3.0%, and Telecom Egypt down 2.9%. The market turnover was EGP1.1 billion, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP + 49.7 mn
Regional: Net Short | EGP – 12.1 mn
Domestic: Net Short | EGP – 37.6 mn
Retail: 61.7% of total trades | 64.6% of buyers | 58.8% of sellers
Institutions: 38.3% of total trades | 35.4% of buyers | 41.2% of sellers
Foreign: 19.1% of total | 21.3% of buyers | 16.8% of sellers
Regional: 10.5% of total | 10.0% of buyers | 11.1% of sellers
Domestic: 70.4% of total | 68.7% of buyers | 72.1% of sellers
WTI: USD 48.45 (+1.53%)
Brent: USD 50.92 (-0.84%)
Natural Gas (Nymex, futures prices) USD 2.95 MMBtu, (+0.34%, April 2017 contract)
Gold: USD 1,199.50 / troy ounce (-0.26%)
TASI: 6,790.7 (0.0%) (YTD: -5.8%)
ADX: 4,388.0 (+0.1%) (YTD: -3.5%)
DFM: 3,468.6 (-0.9%) (YTD: -1.8%)
KSE Weighted Index: 419.7 (+0.1%) (YTD: +10.4%)
QE: 10,314.2 (-0.5%) (YTD: -1.2%)
MSM: 5,697.6 (-0.3%) (YTD: -1.5%)
BB: 1,374.6 (+0.3%) (YTD: +12.6%)