The Market Yesterday
EGP / USD CBE market average: Buy 17.64 | Sell 17.74
EGP / USD at CIB: Buy 17.62 | Sell 17.72
EGP / USD at NBE: Buy 17.59 | Sell 17.69
EGX30 (Thursday): 15,319 (+0.5%)
Turnover: EGP 1.3 bn (15% ABOVE the 90-day average)
EGX 30 year-to-date: +2.0%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.5%. CIB, the index heaviest constituent closed up 1.2%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 7.1%; Abu Qir Fertilizers up 4.2%; and Amer Group up 3.5%. Thursday’s worst performing stocks were Egypt Aluminum down 2.3%; Egyptian Iron & Steel down 1.7%; and Palm Hills down 1.7%. The market turnover was EGP 1.3 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -42.5 mn
Regional: Net Short | EGP -35.6 mn
Domestic: Net Long | EGP +78.1 mn
Retail: 57.8% of total trades | 54.7% of buyers | 60.9% of sellers
Institutions: 42.2% of total trades | 45.3% of buyers | 39.1% of sellers
Foreign: 23.0% of total | 21.3% of buyers | 24.7% of sellers
Regional: 16.5% of total | 15.1% of buyers | 17.9% of sellers
Domestic: 60.5% of total | 63.6% of buyers | 57.5% of sellers
WTI: USD 63.55 (+1.24%)
Brent: USD 67.31 (+1.39%)
Natural Gas (Nymex, futures prices) USD 2.63 MMBtu, (-0.34%, Ma 2018 contract)
Gold: USD 1,330.3 / troy ounce (-0.18%)
TASI: 7,525.22 (+0.26%) (YTD: +4.14%)
ADX: 4,579.6 (-0.09%) (YTD: +4.12%)
DFM: 3,286.54 (+0.03%) (YTD: -2.48%)
KSE Weighted Index: 410.14 (+0.39%) (YTD: +2.17%)
QE: 9,096.36 (-0.25%) (YTD: +6.72%)
MSM: 4,972.01 (-0.31%) (YTD: -2.5%)
BB: 1,351.81 (+0.01%) (YTD: +1.51%)