The Market Yesterday
EGP / USD CBE market average: Buy 17.6834 | Sell 17.7822
EGP / USD at CIB: Buy 17.69 | Sell 17.79
EGP / USD at NBE: Buy 17.66 | Sell 17.76
EGX30 (Tuesday): 14,461 (-0.8%)
Turnover: EGP 1.2 bn (17% above the 90-day average)
EGX 30 year-to-date: +17.1%
THE MARKET ON TUESDAY: The EGX30 closed Tuesday’s session down 0.8%. CIB, the index heaviest constituent closed down 1.3%. EGX30’s top performing constituents were Egyptian Iron & Steel up 4.0%; Domty up 1.9%; and Kima up 1.6%. Yesterday’s worst performing stocks were Amer Group down 2.8%; EFG Hermes down 2.1%; and Oriental Weavers down 1.9%. The market turnover was EGP 1.2 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -193.9 mn
Regional: Net Long | EGP +54 mn
Domestic: Net Long | EGP +139.9 mn
Retail: 51.9% of total trades | 53.4% of buyers | 50.5% of sellers
Institutions: 48.1% of total trades | 46.6% of buyers | 49.5% of sellers
Foreign: 32.9% of total | 24.9% of buyers | 40.8% of sellers
Regional: 8.5% of total | 10.8% of buyers | 6.3% of sellers
Domestic: 58.6% of total | 64.3% of buyers | 52.8% of sellers
WTI: USD 57.62 (+0.26%)
Brent: USD 62.87 (+0.67%)
Natural Gas (Nymex, futures prices) USD 2.9 MMBtu, (-2.85%, January 2018 contract)
Gold: USD 1,268 / troy ounce (-0.76%)
TASI: 7,067.13 (-0.51%) (YTD: -1.99%)
ADX: 4,263.62 (-1.46%) (YTD: -6.22%)
DFM: 3,393.74 (-1.11%) (YTD: -3.88%)
KSE Weighted Index: 396.85 (-0.66%) (YTD: +4.41%)
QE: 7,912.48 (-0.23%) (YTD: -24.19%)
MSM: 5,109.62 (+0.06%) (YTD: -11.64%)
BB: 1,272.72 (-0.15%) (YTD: +4.25%)