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 (Tuesday): 13,726 (+0.3%)
Turnover: EGP 933 mn (6% below the 90-day average)
EGX 30 year-to-date: +11.2%
THE MARKET ON TUESDAY: The EGX30 closed Tuesday’s session up 0.3%. CIB, the index heaviest constituent closed down 0.3%. EGX30’s top performing constituents were: Heliopolis Housing up 3.3%; SODIC up 3.0%; and Porto Group up 2.9%. Today’s worst performing stocks were: Domty down 2.0%; AMOC down 1.6%; and ACC down 1.0%. The market turnover was EGP 933 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -4.5 mn
Regional: Net Long | EGP +28.7 mn
Domestic: Net Short | EGP -24.2 mn
Retail: 58.4% of total trades | 60.3% of buyers | 56.5% of sellers
Institutions: 41.6% of total trades | 39.7% of buyers | 43.5% of sellers
Foreign: 26.0% of total | 25.8% of buyers | 26.2% of sellers
Regional: 8.8% of total | 10.3% of buyers | 7.3% of sellers
Domestic: 65.2% of total | 63.9% of buyers | 66.5% of sellers
WTI: USD 57.1 (+1.21%)
Brent: USD 62.8 (+0.93%)
Natural Gas (Nymex, futures prices) USD 3.02 MMBtu, (-1.05%, DEC 2017 contract)
Gold: USD 1,281.7 / troy ounce (+0.5%)
TASI: 6,778.32 (-0.38%) (YTD: -5.99%)
ADX: 4,310.19 (+0.5%) (YTD: -5.19%)
DFM: 3,410.99 (-0.17%) (YTD: -3.4%)
KSE Weighted Index: 394.77 (-1.17%) (YTD: +3.86%)
QE: 7,768.52 (-0.51%) (YTD: -25.57%)
MSM: 5,076.52 (-0.16%) (YTD: -12.21%)
BB: 1,263.24 (-0.19%) (YTD: +3.54%)