The Market Yesterday
EGP / USD CBE market average: Buy 17.86 | Sell 17.96
EGP / USD at CIB: Buy 17.86 | Sell 17.96
EGP / USD at NBE: Buy 17.80 | Sell 17.90
EGX30 (Monday): 16,791 (+0.9%)
Turnover: EGP 821 mn (28% BELOW the 90-day average)
EGX 30 year-to-date: +11.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.9%. CIB, the index heaviest constituent ended up 0.9%. EGX30’s top performing constituents were Arab Cotton Ginning up 4.7%, Palm Hills up 3.8%, and SODIC up 3.7%. Yesterday’s worst performing stocks were Amoc down 1.3%, Egyptian Aluminum down 1.2%, and Abu Qir Fertilizers down 0.9%. The market turnover was EGP 821 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +18.7 mn
Regional: Net Long | EGP +4.3 mn
Domestic: Net Short | EGP -23.0 mn
Retail: 57.1% of total trades | 59.3% of buyers | 54.9% of sellers
Institutions: 42.9% of total trades | 40.7% of buyers | 45.1% of sellers
Foreign: 24.8% of total | 25.9% of buyers | 23.6% of sellers
Regional: 9.9% of total | 10.1% of buyers | 9.6% of sellers
Domestic: 65.4% of total | 64.0% of buyers | 66.8% of sellers
WTI: USD 67.05 (-1.22%)
Brent: USD 75.83 (+0.70%)
Natural Gas (Nymex, futures prices) USD 2.95 MMBtu, (+0.20%, June 2018 contract)
Gold: USD 1,302.90 / troy ounce (-0.47%)
TASI: 7,962.77 (-0.12%) (YTD: +10.19%)
ADX: 4,547.34 (+0.23%) (YTD: +3.39%)
DFM: 2,929.97 (-0.07%) (YTD: -13.06%)
KSE Premier Market: 4,691.92 (+0.18%)
QE: 9,125.24 (+1.47%) (YTD: +7.06%)
MSM: 4,591.14 (+0.53%) (YTD: -9.96%)
BB: 1,260.47 (-0.21%) (YTD: -5.35%)