The Market Yesterday
EGP / USD CBE market average: Buy 17.7613 | Sell 17.8613
EGP / USD at CIB: Buy 17.77 | Sell 17.87
EGP / USD at NBE: Buy 17.69 | Sell 17.79
EGX30 (Thursday): 14,680 (+0.2%)
Turnover: EGP 1.8 bn (69% above the 90-day average)
EGX 30 year-to-date: +18.9%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.3%. EGX30’s top performing constituents were Elsewedy Electric up 3.7%; Egyptian Financial & Industrial up 3.3%; and Eastern Company up 2.5%. Thursday’s worst performing stocks were SODIC down 3.7%; Amer Group down 2.9%; and Orascom Telecom Media & Technology down 2.7%. The market turnover was EGP 1.8 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +8.9 mn
Regional: Net Long | EGP +9.7 mn
Domestic: Net Short | EGP -18.5 mn
Retail: 43.5% of total trades | 43.5% of buyers | 43.6% of sellers
Institutions: 56.5% of total trades | 56.5% of buyers | 56.4% of sellers
Foreign: 44.3% of total | 44.5% of buyers | 44.0% of sellers
Regional: 7.2% of total | 7.5% of buyers | 7.0% of sellers
Domestic: 48.5% of total | 48.0% of buyers | 49.0% of sellers
WTI: USD 57.3 (+0.46%)
Brent: USD 63.23 (-0.13%)
Natural Gas (Nymex, futures prices) USD 2.61 MMBtu, (-2.68%, January 2018 contract)
Gold: USD 1,257.5 / troy ounce (+0.03%)
TASI: 7,075.72 (-0.26%) (YTD: -1.87%)
ADX: 4,339.22 (-1.03%) (YTD: -4.56%)
DFM: 3,355.4 (-1.43%) (YTD: -4.97%)
KSE Weighted Index: 399.78 (+0.87%) (YTD: +5.18%)
QE: 8,211.94 (+0.06%) (YTD: -21.32%)
MSM: 5,061.79 (-0.09%) (YTD: -12.47%)
BB: 1,265.59 (+0.12%) (YTD: +3.7%)