The Market Yesterday
EGP / USD CBE market average: Buy 17.87 | Sell 17.97
EGP / USD at CIB: Buy 17.87 | Sell 17.97
EGP / USD at NBE: Buy 17.80 | Sell 17.90
EGX30 (Tuesday): 17,006 (+1.3%)
Turnover: EGP 814 mn (29% BELOW the 90-day average)
EGX 30 year-to-date: +13.2%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.3%. CIB, the index heaviest constituent ended up 2.5%. EGX30’s top performing constituents were Palm Hills up 2.7%, CIB up 2.5% and TMG Holding up 2.0%. Yesterday’s worst performing stocks were Orascom Telecom Media & Technology down 1.2%, Ezz Steel down 1.1%, and Egyptian Resorts down 0.9%. The market turnover was EGP 814 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +18.2 mn
Regional: Net Long | EGP +43.5 mn
Domestic: Net Short | EGP -61.7 mn
Retail: 50.4% of total trades | 56.0% of buyers | 44.8% of sellers
Institutions: 49.6% of total trades | 44.0% of buyers | 55.2% of sellers
Foreign: 25.2% of total | 26.3% of buyers | 24.1% of sellers
Regional: 11.0% of total | 13.7% of buyers | 8.4% of sellers
Domestic: 63.8% of total | 60.0% of buyers | 67.6% of sellers
WTI: USD 66.48 (-0.37%)
Brent: USD 74.98 (-0.54%)
Natural Gas (Nymex, futures prices) USD 2.90 MMBtu, (-0.10%, July 2018 contract)
Gold: USD 1,303.80 / troy ounce (-0.2%)
TASI: 7,999.59 (+0.46%) (YTD: +10.70%)
ADX: 4,575.16 (+0.61%) (YTD: +4.02%)
DFM: 2,924.94 (-0.17%) (YTD: -13.21%)
KSE Premier Market: 4,712.14 (+0.43%)
QE: 9,126.40 (+0.01%) (YTD: +7.07%)
MSM: 4,598.13 (+0.15%) (YTD: -9.83%)
BB: 1,262.89 (+0.19%) (YTD: -5.17%)