The Market Yesterday
EGP / USD CBE market average: Buy 17.7713 | Sell 17.8713
EGP / USD at CIB: Buy 17.77 | Sell 17.87
EGP / USD at NBE: Buy 17.69 | Sell 17.79
EGX30 (Wednesday): 14,682 (+0.03%)
Turnover: EGP 911 mn (xx% BELOW / ABOVE the 90-day average)
EGX 30 year-to-date: +18.9%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.03%. CIB, the index heaviest constituent closed up 1.6%. EGX30’s top performing constituents were Heliopolis Housing up 3.3%; CIB up 1.6%; and Telecom Egypt up 0.8%. Yesterday’s worst performing stocks were Abu Dhabi Islamic Bank down 3.4%; Palm Hills down 2.5%; and Emaar Misr down 2.5%. The market turnover was EGP 911 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +64.9 mn
Regional: Net Short | EGP -8.5 mn
Domestic: Net Short | EGP -56.3 mn
Retail: 59.7% of total trades | 61.4% of buyers | 58.1% of sellers
Institutions: 40.3% of total trades | 38.6% of buyers | 41.9% of sellers
Foreign: 12.8% of total | 16.2% of buyers | 9.5% of sellers
Regional: 9.0% of total | 8.5% of buyers | 9.4% of sellers
Domestic: 78.2% of total | 75.3% of buyers | 81.1% of sellers
WTI: USD 58.08 (+0.9%)
Brent: USD 64.55 (+1.18%)
Natural Gas (Nymex, futures prices) USD 2.65 MMBtu, (-1.67%, January 2018 contract)
Gold: USD 1,268.9 / troy ounce (+.37%)
TASI: 7,212.62 (+0.18%) (YTD: +0.03%)
ADX: 4,358.98 (-0.19%) (YTD: -4.12%)
DFM: 3,369.85 (+0.32%) (YTD: -4.56%)
KSE Weighted Index: 399.35 (+0.06%) (YTD: +5.07%)
QE: 8,520.21 (-0.03%) (YTD: -18.36%)
MSM: 5,069.91 (-0.01%) (YTD: -12.33%)
BB: 1,265.41 (-0.27%) (YTD: +3.68%)