The Market Yesterday
EGP / USD CBE market average: Buy 17.64 | Sell 17.74
EGP / USD at CIB: Buy 17.65 | Sell 17.75
EGP / USD at NBE: Buy 17.57 | Sell 17.67
EGX30 (Tuesday): 18,122 (+0.2%)
Turnover: EGP 1.5 bn (30% ABOVE the 90-day average)
EGX 30 year-to-date: +20.7%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.23%. CIB, the index heaviest constituent ended up 2.0%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 4.7%, Global Telecom up 3.6%, and Egyptian Iron and Steel up 3.3%. Tuesday’s worst performing stocks were Amer Group down 4.9%, Qalaa Holding down 4.2%, and Madinet Nasr Housing down 3.5%. The market turnover was EGP 1.5 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +44.5 mn
Regional: Net Long | EGP +88.3 mn
Domestic: Net Short | EGP -132.8 mn
Retail: 76.1% of total trades | 73.2% of buyers | 78.9% of sellers
Institutions: 23.9% of total trades | 26.8% of buyers | 21.1% of sellers
Foreign: 12.2% of total | 13.7% of buyers | 10.7% of sellers
Regional: 10.0% of total | 13.0% of buyers | 7.1% of sellers
Domestic: 77.8% of total | 73.3% of buyers | 82.2% of sellers
WTI: USD 68.37 (+0.47%)
Brent: USD 74.42 (+0.57%)
Natural Gas (Nymex, futures prices) USD 2.79 MMBtu, (+0.07%, May 2018 contract)
Gold: USD 1,324.90 / troy ounce (+0.16%)
TASI: 8,233.05 (-0.99%) (YTD: +13.93%)
ADX: 4,671.09 (-0.39%) (YTD: +6.20%)
DFM: 3,026.32 (-0.26%) (YTD: -10.20%)
KSE Premier Market: 4,822.63 (+0.61%)
QE: 9,109.64 (+0.20%) (YTD: +6.88%)
MSM: 4,740.72 (-0.45%) (YTD: -7.03%)
BB: 1,269.20 (-1.03%) (YTD: -4.69%)