The Market Yesterday
EGP / USD CBE market average: Buy 17.61 | Sell 17.71
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.57 | Sell 17.67
EGX30 (Monday): 18,296 (-0.1%)
Turnover: EGP 1.9 bn (64% ABOVE the 90-day average)
EGX 30 year-to-date: +21.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.1%. CIB, the index heaviest constituent ended up 0.1%. EGX30’s top performing constituents were Telecom Egypt up 3.5%, Egyptian Iron & Steel up 3.1%, and Eastern Co. up 2.5%. Monday’s worst performing stocks were Orascom Telecom Media & Technology down 4.4%, ACC down 4.1%, and Qalaa Holdings down 3.2%. The market turnover was EGP 1.9 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +46.0 mn
Regional: Net Long | EGP +81.3 mn
Domestic: Net Short | EGP -127.3 mn
Retail: 67.0% of total trades | 67.5% of buyers | 66.5% of sellers
Institutions: 33.0% of total trades | 32.5% of buyers | 33.5% of sellers
Foreign: 19.3% of total | 20.5% of buyers | 18.1% of sellers
Regional: 20.0% of total | 22.2% of buyers | 17.9% of sellers
Domestic: 60.7% of total | 57.3% of buyers | 64.0% of sellers
WTI: USD 67.43 (+0.27%)
Brent: USD 73.22 (+0.12%)
Natural Gas (Nymex, futures prices) USD 2.80 MMBtu, (0.00%, June 2018 contract)
Gold: USD 1,307.50 / troy ounce (+0.05%)
TASI: 8,158.06 (-0.62%) (YTD: +12.89%)
ADX: 4,673.31 (+0.08%) (YTD: +6.25%)
DFM: 3,030.75 (-1.15%) (YTD: -10.07%)
KSE Premier Market: 4,781.38 (+0.06%)
QE: 9,014.32 (-1.07%) (YTD: +5.76%)
MSM: 4,731.27 (+0.05%) (YTD: -7.22%)
BB: 1,257.88 (-0.39%) (YTD: -5.54%)