The Market Yesterday
EGP / USD CBE market average: Buy 17.5917 | Sell 17.6911
EGP / USD at CIB: Buy 17.59 | Sell 17.69
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Sunday): 17,595 (+0.8%)
Turnover: EGP 1.7 bn (48% ABOVE the 90-day average)
EGX 30 year-to-date: +12.7%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.8%. CIB, the index heaviest constituent ended down 0.7%. EGX30’s top performing constituents were Amer Group up 8.3%, ACC up 6.5%, and Pioneers Holding up 5.8%. Yesterday’s worst performing stocks were Arab Cotton Ginning down 1.5%, Egyptian Resorts down 1.2%, and Egyptian Aluminum down 1.0%. The market turnover was EGP 1.7 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -14.7 mn
Regional: Net Short | EGP -24.8 mn
Domestic: Net Long | EGP +39.5 mn
Retail: 74.6% of total trades | 74.2% of buyers | 75.1% of sellers
Institutions: 25.4% of total trades | 25.8% of buyers | 24.9% of sellers
Foreign: 7.9% of total | 7.5% of buyers | 8.3% of sellers
Regional: 10.7% of total | 10.0% of buyers | 11.4% of sellers
Domestic: 8.41% of total | 82.5% of buyers | 80.3% of sellers
WTI: USD 65.20 (+0.40%)
Brent: USD 69.72 (+0.55%)
Natural Gas (Nymex, futures prices) USD 2.74 MMBtu, (+0.15%, May 2018 contract)
Gold: USD 1,333.30 / troy ounce (+0.45%)
TASI: 7,800.88 (-0.89%) (YTD: +7.95%)
ADX: 4,583.53 (-0.04%) (YTD: +4.21%)
DFM: 3,136.36 (+0.90%) (YTD: -6.93%)
KSE Weighted Index: 415.78 (+1.52%) (YTD: +3.58%)
QE: 8,669.04 (+1.11%) (YTD: +1.71%)
MSM: 4,737.17 (-0.76%) (YTD: -7.10%)
BB: 1,303.14 (-1.16%) (YTD: -2.15%)