The Market Yesterday
EGP / USD CBE market average: Buy 17.83 | Sell 17.93
EGP / USD at CIB: Buy 17.84 | Sell 17.94
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Wednesday): 16,176 (-0.1%)
Turnover: EGP 1 bn (90% below the 90-day average)
EGX 30 year-to-date: +7.7%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.1%. CIB, the index heaviest constituent ended down 0.9%. EGX30’s top performing constituents were GB Auto up 4.5%, Global Telecom up 4.4%, and Qalaa Holding up 2.8%. Yesterday’s worst performing stocks were AMOC down 2.6%, Heliopolis Housing down 2.3% and TMG Holding down 2.0%. The market turnover was EGP 1 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -30.0 mn
Regional: Net Short | EGP -16.0 mn
Domestic: Net Long | EGP +46.0 mn
Retail: 51.1% of total trades | 53.6% of buyers | 48.6% of sellers
Institutions: 48.9% of total trades | 46.4% of buyers | 51.4% of sellers
Foreign: 27.7% of total | 26.2% of buyers | 29.2% of sellers
Regional: 6.4% of total | 5.7% of buyers | 7.2% of sellers
Domestic: 65.8% of total | 68.1% of buyers | 63.6% of sellers
WTI: USD 72.35 (-0.56%)
Brent: USD 77.62 (+1.72%)
Natural Gas (Nymex, futures prices) USD 2.99 MMBtu, (+0.30%, August 2018 contract)
Gold: USD 1,254.10 / troy ounce (-0.16%)
TASI: 8,317.27 (+0.22%) (YTD: +15.10%)
ADX: 4,544.67 (-0.46%) (YTD: +3.32%)
DFM: 2,814.89 (-0.74%) (YTD: -16.47%)
KSE Premier Market: 4,925.57 (+0.08%)
QE: 8,928.74 (+0.38%) (YTD: +4.76%)
MSM: 4,576.73 (+0.14%) (YTD: -10.25%)
BB: 1,306.26 (+0.32%) (YTD: -1.91%)