The Market Yesterday
EGP / USD CBE market average: Buy 17.80 | Sell 17.90
EGP / USD at CIB: Buy 17.77 | Sell 17.87
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Tuesday): 15,938 (+0.1%)
Turnover: EGP 486 mn (56% BELOW the 90-day average)
EGX 30 year-to-date: +6.1%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.1%. CIB, the index heaviest constituent ended up 0.9%. EGX30’s top performing constituents were EFG Hermes up 2.6%, Egypt Aluminum up 2.0% and Madinet Nasr Housing up 1.9%. Yesterday’s worst performing stocks were Juhayna down 3.8%, Elsewedy Electric down 1.9%, and Eastern Co down 1.9%. The market turnover was EGP 486 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +60.3 mn
Regional: Net Long | EGP +5.9 mn
Domestic: Net Short | EGP -66.1 mn
Retail: 39.5% of total trades | 38.4% of buyers | 40.6% of sellers
Institutions: 60.5% of total trades | 61.6% of buyers | 59.4% of sellers
Foreign: 39.2% of total | 45.4% of buyers | 32.9% of sellers
Regional: 8.0% of total | 8.6% of buyers | 7.5% of sellers
Domestic: 52.8% of total | 46.0% of buyers | 59.6% of sellers
WTI: USD 66.02 (-0.51%)
Brent: USD 75.71 (-0.22%)
Natural Gas (Nymex, futures prices) USD 2.93 MMBtu, (-0.20%, July 2018 contract)
Gold: USD 1,299.10 / troy ounce (-0.02%)
TASI: 8,270.46 (+0.32%) (YTD: +14.45%)
ADX: 4,734.19 (+0.02%) (YTD: +7.63%)
DFM: 3,078.96 (-0.59%) (YTD: -8.64%)
KSE Premier Market: 4,780.96 (+0.56%)
QE: 9,160.97 (-0.46%) (YTD: +7.48%)
MSM: 4,598.18 (-0.10%) (YTD: -9.83%)
BB: 1,287.91 (+0.53%) (YTD: -3.29%)