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 (Tuesday): 13,580 (-0.5%)
Turnover: EGP 748 mn (6% above the 90-day average)
EGX 30 year-to-date: -9.6%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.5%. CIB, the index heaviest constituent ended up 0.8%. EGX30’s top performing constituents were Pioneers Holding up 3.4%, Palm Hills up 2.8%, and Qalaa Holdings up 1.2%. Yesterday’s worst performing stocks were Arab Cotton Ginning down 13.9%, AMOC down 9.6%, and Abu Qir Fertilizers down 6.7%. The market turnover was EGP 748 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +54.9 mn
Regional: Net Short | EGP -23.4 mn
Domestic: Net Short | EGP -31.5 mn
Retail: 64.3% of total trades | 65.0% of buyers | 63.6% of sellers
Institutions: 35.7% of total trades | 35.0% of buyers | 36.4% of sellers
Foreign: 19.9% of total | 23.4% of buyers | 16.4% of sellers
Regional: 6.4% of total | 5.0% of buyers | 7.9% of sellers
Domestic: 73.6% of total | 71.6% of buyers | 75.6% of sellers
WTI: USD 66.35 (-0.12%)
Brent: USD 76.44 (-4.25%)
Natural Gas (Nymex, futures prices) USD 3.22 MMBtu, (+0.37%, November 2018 contract)
Gold: USD 1,234.30 / troy ounce (-0.20%)
TASI: 7,549.77 (-1.29%) (YTD: +4.48%)
ADX: 4,970.30 (+0.28%) (YTD: +13.00%)
DFM: 2,753.07 (+0.21%) (YTD: -18.31%)
KSE Premier Market: 5,170.76 (+0.46%)
QE: 10,264.07 (-0.10%) (YTD: +20.42%)
MSM: 4,459.36 (+0.10%) (YTD: -12.55%)
BB: 1,321.16 (-0.11%) (YTD: -0.79%)