The Market Yesterday
EGP / USD CBE market average: Buy 17.6 | Sell 17.7
EGP / USD at CIB: Buy 17.59 | Sell 17.69
EGP / USD at NBE: Buy 17.6 | Sell 17.7
EGX30 (Monday): 13,681 (-0.5%)
Turnover: EGP 880 mn (11% below the 90-day average)
EGX 30 year-to-date: +10.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.5%. CIB, the index heaviest constituent closed up 0.5%. EGX30’s top performing constituents were: Oriental Weavers up 2.9%; Egyptian Financial & Industrial up 1.4%; and CIB up 0.5%. Today’s worst performing stocks were: Egyptian Iron & Steel down 4.3%; Telecom Egypt down 4.1%; and Abu Dhabi Islamic Bank down 3.6%. The market turnover was EGP 880 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -65.4 mn
Regional: Net Long | EGP +79.1 mn
Domestic: Net Short | EGP -13.7 mn
Retail: 59.5% of total trades | 63.2% of buyers | 55.8% of sellers
Institutions: 40.5% of total trades | 36.8% of buyers | 44.2% of sellers
Foreign: 22.1% of total | 18.4% of buyers | 25.8% of sellers
Regional: 9.9% of total | 14.4% of buyers | 5.4% of sellers
Domestic: 68.0% of total | 67.2% of buyers | 68.8% of sellers
WTI: USD 56.09 (-0.81%)
Brent: USD 62.11 (-0.97%)
Natural Gas (Nymex, futures prices) USD 3.03 MMBtu, (-2.16%, DEC 2017 contract)
Gold: USD 1,276.2 / troy ounce (-1.57%)
TASI: 6,804.23 (-0.99%) (YTD: -5.63%)
ADX: 4,288.86 (+0.22%) (YTD: -5.66%)
DFM: 3,416.72 (-0.19%) (YTD: -3.23%)
KSE Weighted Index: 399.43 (-0.36%) (YTD: +5.09%)
QE: 7,808.18 (-0.25%) (YTD: -25.19%)
MSM: 5,085.24 (-0.24%) (YTD: -12.06%)
BB: 1,266.02 (-0.48%) (YTD: +3.73%)