The Market Yesterday
EGP / USD CBE market average: Buy 17.6059 | Sell 17.7059
EGP / USD at CIB: Buy 17.60 | Sell 17.70
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Thursday): 13,889 (+1.1%)
Turnover: EGP 1.7 bn (981% above the 90-day average)
EGX 30 year-to-date: +12.5%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1.1%. CIB, the index heaviest constituent ended up 0.5%. EGX30’s top performing constituents were: Porto Group up 6.4%; Amer Group up 5.6%; and Abu Dhabi Islamic Bank up 4.0%. Thursday’s worst performing stocks were: Sidi Kerir Petrochemicals down 1.7%; Arab Cotton Ginning down 1.4%; and ACC down 0.8%. The market turnover was EGP 1.7 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +76.4 mn
Regional: Net Long | EGP +9.5 mn
Domestic: Net Short | EGP -85.9 mn
Retail: 70.3% of total trades | 67.3% of buyers | 73.2% of sellers
Institutions: 29.7% of total trades | 32.7% of buyers | 26.8% of sellers
Foreign: 15% of total | 17.3% of buyers | 12.7% of sellers
Regional: 13% of total | 13.2% of buyers | 12.7% of sellers
Domestic: 72% of total | 69.5% of buyers | 74.6% of sellers
WTI: USD 51.6 (+0.21%)
Brent: USD 56.79 (-0.65%)
Natural Gas (Nymex, futures prices) USD 3.01 MMBtu, (-0.33%, November 2017 contract)
Gold: USD 1,284.8 / troy ounce (-0.3%)
TASI: 7,283.01 (+0.69%) (YTD: +1.01%)
ADX: 4,397.4 (-0.22%) (YTD: -3.28%)
DFM: 3,563.99 (+0.06%) (YTD: +0.94%)
KSE Weighted Index: 430.7 (-0.51%) (YTD: +13.32%)
QE: 8,312.43 (-1.29%) (YTD: -20.35%)
MSM: 5,137.35 (-0.03%) (YTD: -11.16%)
BB: 1,283.46 (-0.02%) (YTD: +5.16%)