The Market Yesterday
EGP / USD CBE market average: Buy 17.5988 | Sell 17.6987
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Tuesday): 13,928 (+0.4%)
Turnover: EGP 1.2 bn (29% above the 90-day average)
EGX 30 year-to-date: +12.8%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.4%. CIB, the index heaviest constituent closed up 0.1%. EGX30’s top performing constituents were: Egyptian Resorts up 4.3%; AMOC up 2.8%; and Egyptian Financial and Industrial up 2.7%. Yesterday’s worst performing stocks were: Amer Group down 2.8%; Porto Group down 2.3%; and TMG Holding down 1.8%. The market turnover was EGP1.2 bn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -3.6 mn
Regional: Net Long | EGP +13.3 mn
Domestic: Net Short | EGP -9.8 mn
Retail: 75.7% of total trades | 76.2% of buyers | 75.1% of sellers
Institutions: 24.3% of total trades | 23.8% of buyers | 24.9% of sellers
Foreign: 8.3% of total | 8.2% of buyers | 8.5% of sellers
Regional: 10.2% of total | 10.7% of buyers | 9.6% of sellers
Domestic: 81.5% of total | 81.1% of buyers | 81.9% of sellers
WTI: USD 52.53 (+1.21%)
Brent: USD 58.48 (+1.93%)
Natural Gas (Nymex, futures prices) USD 2.99 MMBtu, (-0.01%, November 2017 contract)
Gold: USD 1,277.8 / troy ounce (-0.24%)
TASI: 6,884.9 (-0.02%) (YTD: -4.51%)
ADX: 4,496.44 (-0.05%) (YTD: -1.1%)
DFM: 3,641.44 (+0.64%) (YTD: +3.13%)
KSE Weighted Index: 429.39 (-0.29%) (YTD: +12.97%)
QE: 8,110.16 (-0.09%) (YTD: -22.29%)
MSM: 5,032.99 (+0.00%) (YTD: -12.96%)
BB: 1,276.5 (-0.87%) (YTD: +4.59%)