The Market Yesterday
EGP / USD CBE market average: Buy 17.63 | Sell 17.73
EGP / USD at CIB: Buy 17.6 | Sell 17.7
EGP / USD at NBE: Buy 17.63 | Sell 17.73
EGX30 (Tuesday): 15,316 (-0.4%)
Turnover: EGP 1.2 bn (7% ABOVE the 90-day average)
EGX 30 year-to-date: +2.0%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.4%. CIB, the index’s heaviest constituent, closed down 0.6%. The index’s top performers were AMOC, up 3.1%; Eastern, up 1.8%; and Sidi Kerir Petrochemicals, up 1.6%. Today’s worst performing stocks were TMG Holding dow 3.0%; Porto Group down 2.6%; and Orascom Telecom Media & Technology down 2.6%. Market turnover was EGP 1.2 bn, with foreign investors the sole net buyers.
Foreigners: Net Long | EGP +52.9 mn
Regional: Net Short | EGP -1.7 mn
Domestic: Net Short | EGP -51.3 mn
Retail: 65.6% of total trades | 65.5% of buyers | 65.7% of sellers
Institutions: 34.4% of total trades | 34.5% of buyers | 34.3% of sellers
Foreign: 15.5% of total | 17.6% of buyers | 13.4% of sellers
Regional: 9.5% of total | 9.4% of buyers | 9.6% of sellers
Domestic: 75.0% of total | 73.0% of buyers | 77.1% of sellers
WTI: USD 64.34 (-1.86%)
Brent: USD 68.81 (-0.94%)
Natural Gas (Nymex, futures prices) USD 3.17 MMBtu, (+0.03%, FEB 2018 contract)
Gold: USD 1,340.2 / troy ounce (-0.36%)
TASI: 7,631.17 (+0.83%) (YTD: +5.6%)
ADX: 4,638.75 (+0.27%) (YTD: +5.46%)
DFM: 3,439.91 (-0.44%) (YTD: +2.07%)
KSE Weighted Index: 414.8 (-0.21%) (YTD: +3.33%)
QE: 9,328.24 (-1.29%) (YTD: +9.44%)
MSM: 5,007.65 (+0.1%) (YTD: -1.8%)
BB: 1,352.26 (+0.57%) (YTD: +1.54%)