The Market Yesterday
EGP / USD CBE market average: Buy 17.5719 | Sell 17.6714
EGP / USD at CIB: Buy 17.55 | Sell 17.65
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Monday): 17,172 (+-0.6%)
Turnover: EGP 1.6 bn (39% ABOVE the 90-day average)
EGX 30 year-to-date: +14.3%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.6%. CIB, the index heaviest constituent ended down 1.2%. EGX30’s top performing constituents were Egyptian Aluminum up 7.5%, Egyptian Resorts up 4.7%, and Heliopolis Housing up 4.00%. Yesterday’s worst performing stocks Abu Dhabi Islamic Bank down 3.0%, Porto Group down 2.8%, and SODIC down 2.6%. The market turnover was EGP 1.6 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +66.8 mn
Regional: Net Short | EGP -29.9 mn
Domestic: Net Short | EGP -36.9 mn
Retail: 50.5% of total trades | 50.5% of buyers | 50.5% of sellers
Institutions: 49.5% of total trades | 49.5% of buyers | 49.5% of sellers
Foreign: 12.3% of total | 13.9% of buyers | 10.7% of sellers
Regional: 35.0% of total | 34.3% of buyers | 35.7% of sellers
Domestic: 52.7% of total | 51.8% of buyers | 53.6% of sellers
WTI: USD 62.16 (+0.16%)
Brent: USD 66.21 (+0.24%)
Natural Gas (Nymex, futures prices) USD 2.66 MMBtu, (+0.30%, April 2018 contract)
Gold: USD 1,316.00 / troy ounce (-0.14%)
TASI: 7,710.57 (-0.23%) (YTD: +6.70%)
ADX: 4,542.53 (+0.21%) (YTD: +3.28%)
DFM: 3,183.41 (-0.29%) (YTD: -5.54%)
KSE Weighted Index: 411.97 (-0.30%) (YTD: +2.63%)
QE: 8,889.92 (+0.99%) (YTD: +4.30%)
MSM: 4,832.54 (-1.24%) (YTD: -5.23%)
BB: 1,348.21 (-0.32%) (YTD: +1.24%)