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 (Tuesday): 16,421 (+0.4%)
Turnover: EGP 871 mn (14% BELOW the 90-day average)
EGX 30 year-to-date: +9.3%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.4%. CIB, the index heaviest constituent ended up 0.6%. EGX30’s top performing constituents were Qalaa Holdings up 4.4%, Orascom Telecom Media & Technology up 4.2%, and Porto Group up 3.9%. Yesterday’s worst performing stocks were Heliopolis Housing down 1.3%, Orascom Construction down 0.9%, and ACC down 0.8%. The market turnover was EGP 871 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -58.4 mn
Regional: Net Short | EGP -18.1 mn
Domestic: Net Long | EGP +76.6 mn
Retail: 69.9% of total trades | 74.5% of buyers | 65.3% of sellers
Institutions: 30.1% of total trades | 25.5% of buyers | 34.7% of sellers
Foreign: 16.5% of total | 13.2% of buyers | 19.9% of sellers
Regional: 4.5% of total | 3.5% of buyers | 5.5% of sellers
Domestic: 79.0% of total | 83.4% of buyers | 74.6% of sellers
WTI: USD 74.61 (+0.63%)
Brent: USD 77.76 (+0.60%)
Natural Gas (Nymex, futures prices) USD 2.85 MMBtu, (-0.73%, August 2018 contract)
Gold: USD 1,255.70 / troy ounce (+0.18%)
TASI: 8,235.56 (-0.48%) (YTD: +13.97%)
ADX: 4,569.85 (-0.16%) (YTD: +3.90%)
DFM: 2,838.53 (+0.33%) (YTD: -15.77%)
KSE Premier Market: 5,000.90 (+1.51%)
QE: 9,188.16 (+0.50%) (YTD: +7.80%)
MSM: 4,536.06 (-0.44%) (YTD: -11.05%)
BB: 1,310.62 (+0.08%) (YTD: -1.58%)