The Market Yesterday
EGP / USD CBE market average: Buy 17.63 | Sell 17.73
EGP / USD at CIB: Buy 17.6 | Sell 17.7
EGP / USD at NBE: Buy 17.63 | Sell 17.73
EGX30 (Monday): 13,533 (+0.6%)
Turnover: EGP 1.1 bn (23% above the 90-day average)
EGX 30 year-to-date: +9.6%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.6%. CIB, the index heaviest constituent ended up 0.3%. EGX30’s top performing constituents were: Amer Group up 5.9%; Porto Group up 4.4%; and Cairo Oils & Soap up 3.4%. Yesterday’s worst performing stocks included: Egyptian Financial & Industrial Company down 1.4%; Domty down 1.0%; and Telecom Egypt down 0.5%. The market turnover was EGP 1.1 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +104.5 mn
Regional: Net Short | EGP -15.5 mn
Domestic: Net Short | EGP -89 mn
Retail: 70.1% of total trades | 66.6% of buyers | 73.7% of sellers
Institutions: 29.9% of total trades | 33.4% of buyers | 26.3% of sellers
Foreign: 17% of total | 21.9% of buyers | 12% of sellers
Regional: 11.4% of total | 10.7% of buyers | 12.2% of sellers
Domestic: 71.6% of total | 67.4% of buyers | 75.8% of sellers
WTI: USD 48.1 (+0.06%)
Brent: USD 53.84 (+0.11%)
Natural Gas (Nymex, futures prices) USD 2.95 MMBtu, (+0.03%, October 2017 contract)
Gold: USD 1,332.9 / troy ounce (-0.21%)
TASI: 7,411.3 (+0.45%) (YTD: +2.79%)
ADX: 4,438.46 (-0.16%) (YTD: -2.37%)
DFM: 3,654.04 (+0.18%) (YTD: +3.49%)
KSE Weighted Index: 442.38 (+0.41%) (YTD: +16.39%)
QE: 8,532.4 (-1.55%) (YTD: -18.25%)
MSM: 5,038.69 (-0.35%) (YTD: -12.87%)
BB: 1,310.63 (-0.46%) (YTD: +7.39%)