The Market Yesterday
EGP / USD CBE market average: Buy 17.61 | Sell 17.71
EGP / USD at CIB: Buy 17.6 | Sell 17.7
EGP / USD at NBE: Buy 17.63 | Sell 17.73
EGX30 (Wednesday): 13,443 (-0.2%)
Turnover: EGP 948 mn (6% above the 90-day average)
EGX 30 year-to-date: +8.9%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.2%. CIB, the index heaviest constituent was among the worst performers in today’s session closing down 1.1%. EGX30’s top performing constituents were: Sidi Kerir Petrochemicals up 4.2%, AMOC up 3.5%; and Domty up 2.6%. Yesterday’s worst performing stocks included: Orascom Telecom Media & Technology down 1.4%; and Palm Hills down 1.3%. The market turnover was EGP 948 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -4.4 mn
Regional: Net Long | EGP +28.1 mn
Domestic: Net Short | EGP -23.7 mn
Retail: 43.3% of total trades | 42.4% of buyers | 44.1% of sellers
Institutions: 56.7% of total trades | 57.6% of buyers | 55.9% of sellers
Foreign: 14.9% of total | 14.8% of buyers | 15.0% of sellers
Regional: 4.7% of total | 5.6% of buyers | 3.8% of sellers
Domestic: 80.4% of total | 79.6% of buyers | 81.2% of sellers
WTI: USD 49.34 (+2.3%)
Brent: USD 55.09 (+1.51%)
Natural Gas (Nymex, futures prices) USD 3.06 MMBtu, (+2.0%, October 2017 contract)
Gold: USD 1,326.6 / troy ounce (-0.46%)
TASI: 7,379.62 (-0.28%) (YTD: +2.35%)
ADX: 4,453.53 (-0.37%) (YTD: -2.04%)
DFM: 3,654.61 (+0.05%) (YTD: +3.5%)
KSE Weighted Index: 439.00 (-0.31%) (YTD: +15.5%)
QE: 8,427.77 (-0.52%) (YTD: -19.25%)
MSM: 5,016.61 (+0.12%) (YTD: -13.25%)
BB: 1,306.04 (-0.12%) (YTD: +7.01%)