The Market Yesterday
EGP / USD CBE market average: Buy 17.63 | Sell 17.73
EGP / USD at CIB: Buy 17.64 | Sell 17.74
EGP / USD at NBE: Buy 17.57 | Sell 17.67
EGX30 (Monday): 17,620 (+0.2%)
Turnover: EGP 1.2 bn (5% ABOVE the 90-day average)
EGX 30 year-to-date: +17.3%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.2%. CIB, the index heaviest constituent ended almost flat. EGX30’s top performing constituents were GB Auto up 4.0%, Qalaa Holdings up 3.6%, and Egyptian Iron & Steel up 3.1%. Yesterday’s worst performing stocks were Amer Group down 2.6%, Orascom Telecom Media & Technology down 2.5% down, and SODIC down 1.7%. The market turnover was EGP 1.2 bn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +20.9 mn
Regional: Net Short | EGP -74.5 mn
Domestic: Net Long | EGP +53.7 mn
Retail: 68.3% of total trades | 68.5% of buyers | 68.1% of sellers
Institutions: 31.7% of total trades | 31.5% of buyers | 31.9% of sellers
Foreign: 14.5% of total | 15.4% of buyers | 13.7% of sellers
Regional: 14.0% of total | 10.9% of buyers | 17.1% of sellers
Domestic: 71.5% of total | 73.7% of buyers | 69.2% of sellers
WTI: USD 66.58 (+0.54%)
Brent: USD 71.73 (+0.43%)
Natural Gas (Nymex, futures prices) USD 2.74 MMBtu, (-0.62%, May 2018 contract)
Gold: USD 1,350.80 / troy ounce (+0.01%)
TASI: 8,050.30 (+0.98%) (YTD: +11.40%)
ADX: 4,682.27 (-0.37%) (YTD: +6.45%)
DFM: 3,140.48 (-0.33%) (YTD: -6.81%)
KSE Weighted Index: 415.78 (+1.52%) (YTD: +3.58%)
QE: 8,955.69 (+0.72%) (YTD: +5.07%)
MSM: 4,767.19 (-0.20%) (YTD: -6.51%)
BB: 1,299.46 (+0.54%) (YTD: -2.42%)