The Market Yesterday
EGP / USD CBE market average: Buy 17.5997 | Sell 17.6997
EGP / USD at CIB: Buy 17.60 | Sell 17.70
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Monday): 14,000 (+0.2%)
Turnover: EGP 1.6 bn (78% above the 90-day average)
EGX 30 year-to-date: +13.4%
THE MARKET ON MONDAY: The EGX30 closed Monday’s session up 0.2%. CIB, the index heaviest constituent closed up 0.5%. EGX30’s top performing constituents were: Kima up 7.2%; Eastern Co up 5.5%; and Elsewedy Electric up 2.7%. Yesterday’s worst performing stocks were: Amer Group down 5.1%; Egyptian Resorts down 3.6%; and Abu Dhabi Islamic Bank down 3.4%. The market turnover was EGP 1.6 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +74.6 mn
Regional: Net Long | EGP +33.5 mn
Domestic: Net Short | EGP -108.1 mn
Retail: 57.9% of total trades | 57.5% of buyers | 58.2% of sellers
Institutions: 42.1% of total trades | 42.5% of buyers | 41.8% of sellers
Foreign: 26.1% of total | 28.5% of buyers | 23.7% of sellers
Regional: 7.3% of total | 8.4% of buyers | 6.2% of sellers
Domestic: 66.6% of total | 63.1% of buyers | 70.1% of sellers
WTI: USD 50.57 (-2.3%)
Brent: USD 56.1 (-1.22%)
Natural Gas (Nymex, futures prices) USD 2.92 MMBtu, (-2.76%, November 2017 contract)
Gold: USD 1,273.5 / troy ounce (-0.88%)
TASI: 7,224.19 (-0.13%) (YTD: +0.19%)
ADX: 4,427.34 (+0.38%) (YTD: -2.62%)
DFM: 3,561.2 (+0.45%) (YTD: +0.86%)
KSE Weighted Index: 435.05 (-0.02%) (YTD: +14.46%)
QE: 8,301.79 (+0.12%) (YTD: -20.46%)
MSM: 5,186.2 (+0.59%) (YTD: -10.32%)
BB: 1,283.46 (-0.02%) (YTD: +5.16%)