The Market Yesterday
EGP / USD CBE market average: Buy 17.86 | Sell 17.95
EGP / USD at CIB: Buy 17.86 | Sell 17.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Thursday): 13,644 (-1.2%)
Turnover: EGP 626 mn (11% below the 90-day average)
EGX 30 year-to-date: -9.2%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 1.2%. CIB, the index heaviest constituent ended down 1.8%. EGX30’s top performing constituents were Juhayna up 4.5%, Egyptian Resorts up 1.5%, and AMOC up 1.4%. Thursday’s worst performing stocks were Emaar Misr down 4.6% EFG Hermes down 3.4%, and Elsewedy Electric down 3.3%. The market turnover was EGP 626 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -13.8 mn
Regional: Net Short | EGP -6.7 mn
Domestic: Net Long | EGP +20.5 mn
Retail: 54.0% of total trades | 53.4% of buyers | 54.7% of sellers
Institutions: 46.0% of total trades | 46.6% of buyers | 45.3% of sellers
Foreign: 22.5% of total | 21.4% of buyers | 23.5% of sellers
Regional: 6.2% of total | 5.7% of buyers | 6.7% of sellers
Domestic: 71.3% of total | 72.9% of buyers | 69.8% of sellers
WTI: USD 69.12 (+0.68%)
Brent: USD 79.78(+0.62%)
Natural Gas (Nymex, futures prices) USD 3.25 MMBtu, (+1.63%, November 2018 contract)
Gold: USD 1,228.70/ troy ounce (-0.11%)
TASI: 7,648.15 (-0.13%) (YTD: +5.84%)
ADX: 4,988.74 (+0.64%) (YTD: +13.42%)
DFM: 2,757.73(+0.59%) (YTD: -18.17%)
KSE Premier Market: 5,172.99 (-0.15%)
QE: 10,193.01(+0.35%) (YTD: +19.59%)
MSM: 4,444.34(-0.19%) (YTD: -12.84%)
BB: 1,323.45 (+0.78%) (YTD: -0.62%)