The Market Yesterday
EGP / USD CBE market average: Buy 17.6443 | Sell 17.7443
EGP / USD at CIB: Buy 17.64 | Sell 17.74
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Tuesday): 14,730 (-1.1%)
Turnover: EGP 1.2 bn (6% ABOVE the 90-day average)
EGX 30 year-to-date: -1.9%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.1 %. CIB, the index’s heaviest constituent closed down 2.3%. EGX30’s top performing constituents were Ezz Steel up 4.4%; Eastern Co up 4.2%; and Juhayna up 1.8%. Yesterday’s worst performing stocks were EFG Hermes down 3.8%; Porto Group down 3.0%; and GB Auto down 3.0%. The market turnover was EGP 1.2 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -14.2 mn
Regional: Net Short | EGP -30.0 mn
Domestic: Net Long | EGP +44.2mn
Retail: 51.6% of total trades | 52.1% of buyers | 51.1% of sellers
Institutions: 48.4% of total trades | 47.9% of buyers | 48.9% of sellers
Foreign: 22.1% of total | 21.5% of buyers | 22.7% of sellers
Regional: 10.4% of total | 9.1% of buyers | 11.7% of sellers
Domestic: 67.5% of total | 69.3% of buyers | 65.6% of sellers
WTI: USD 59.14 (-0.25%)
Brent: USD 62.71 (+0.19%)
Natural Gas (Nymex, futures prices) USD 2.59 MMBtu, (+1.65%, March 2018 contract)
Gold: USD 1,331.2 / troy ounce (+0.36%)
TASI: 7,412.56 (-0.18%) (YTD: +2.58%)
ADX: 4,600.4 (-0.21%) (YTD: +4.59%)
DFM: 3,341.56 (+0.8%) (YTD: -0.85%)
KSE Weighted Index: 409.17 (+0.16%) (YTD: +1.93%)
QE: 8,987.51 (-0.63%) (YTD: +5.45%)
MSM: 5,003.67 (+0.02%) (YTD: -1.87%)
BB: 1,352.96 (+0.43%) (YTD: +1.6%)