Powered by

EGP / USD CBE market average: Buy 17.81 | Sell 17.91
EGP / USD at CIB: Buy 17.81 | Sell 17.91
EGP / USD at NBE: Buy 17.78 | Sell 17.88

EGX30 (Wednesday): 16,143 (+0.5%)
Turnover: EGP 854 mn (xx% BELOW / ABOVE the 90-day average)
EGX 30 year-to-date: +7.5%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.5%. CIB, the index heaviest constituent ended down 0.2%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 5.3%, Emaar Misr up 5.1% and Porto Group up 3.9%. Yesterday’s worst performing stocks were Arab Cotton Ginning down 4.8%, Elsewedy Electric down 3.0%, and Egypt Aluminum down 2.3%. The market turnover was EGP 851 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -29.3 mn
Regional: Net Long | EGP +17.3 mn
Domestic: Net Long | EGP +11.9 mn

Retail: 67.0% of total trades | 67.0% of buyers | 66.9% of sellers
Institutions: 33.0% of total trades | 33.0% of buyers | 33.1% of sellers

Foreign: 21.8% of total | 20.1% of buyers | 23.5% of sellers
Regional: 9.1% of total | 10.1% of buyers | 8.1% of sellers
Domestic: 69.1% of total | 69.8% of buyers | 68.4% of sellers

WTI: USD 66.22 (+1.77%)
Brent: USD 74.74 (-0.45%)
Natural Gas (Nymex, futures prices) USD 2.97 MMBtu, (+0.13%, July 2018 contract)
Gold: USD 1,270.40 / troy ounce (-0.32%)TASI: 8,166.30 (-1.26%) (YTD: +13.01%)
ADX: 4,550.29 (-0.25%) (YTD: +3.45%)
DFM: 2,922.57 (-0.57%) (YTD: -13.28%)
KSE Premier Market: 4,815.28 (+0.2%)
QE: 8,881.85 (-2.37%) (YTD: +4.21%)
MSM: 4,593.53 (+0.09%) (YTD: -9.92%)
BB: 1,301.13 (-0.47%) (YTD: -2.30%)