BY THE NUMBERS
EGP / USD CBE market average: Buy 17.8826 | Sell 17.9825
EGP / USD at CIB: Buy 17.90 | Sell 18.00
EGP / USD at NBE: Buy 17.82 | Sell 17.92
EGX30 (Wednesday): 13,707 (-0.1%)
Turnover: EGP 765 mn
EGX 30 year-to-date: +11.0%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.1%. CIB, the index heaviest constituent ended down 0.2%. EGX30’s top performing constituents were: Oriental Weavers up 4.8%, Pioneers Holding up 2.5%, and Telecom Egypt up 1.5%. Yesterday’s worst performing stocks were: Ezz Steel down 4.9%, Amer Group down 2.8%, and Domty down 2.3%. The market turnover was EGP 765 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -19.3 mn
Regional: Net Short | EGP -14.4 mn
Domestic: Net Long | EGP +33.7 mn
Retail: 64.9% of total trades | 64.3% of buyers | 65.4% of sellers
Institutions: 35.1% of total trades | 35.7% of buyers | 34.6% of sellers
Foreign: 22.2% of total | 21.0% of buyers | 23.5% of sellers
Regional: 7.2% of total | 6.2% of buyers | 8.1% of sellers
Domestic: 70.6% of total | 72.8% of buyers | 68.4% of sellers
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PHAROS VIEW