The Market Yesterday
EGP / USD CBE market average: Buy 17.85 | Sell 17.95
EGP / USD at CIB: Buy 17.86 | Sell 17.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Monday): 13,646 (+0.9%)
Turnover: EGP 799 mn (14% above the 90-day average)
EGX 30 year-to-date: -9.1%
THE MARKET ON MONDAY: The EGX30 index ended Monday’s session up 0.9%. CIB, the index heaviest constituent ended up 2.0%. EGX30’s top performing constituents were ElSewedy Electric up 4.3%, Pioneers Holding up 3.5%, and Egyptian Iron and Steel up 3.0%. Yesterday’s worst performing stocks were AMOC down 8.4%, SODIC down 1.1%, and Orascom Construction down 0.8%. The market turnover was EGP 799 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +10.8 mn
Regional: Net Long | EGP +9.9 mn
Domestic: Net Short | EGP -20.7 mn
Retail: 55.3% of total trades | 57.0% of buyers | 53.5% of sellers
Institutions: 44.7% of total trades | 43.0% of buyers | 46.5% of sellers
Foreign: 26.7% of total | 27.4% of buyers | 26.0% of sellers
Regional: 4.4% of total | 5.1% of buyers | 3.8% of sellers
Domestic: 68.9% of total | 67.5% of buyers | 70.2% of sellers
WTI: USD 69.17 (+0.07%)
Brent: USD 79.83 (+0.06%)
Natural Gas (Nymex, futures prices) USD 3.14 MMBtu, (-0.03%,November 2018 contract)
Gold: USD 1,224.90 / troy ounce (+0.02%)
TASI: 7,648.64 (-0.15%) (YTD: +5.84%)
ADX: 4,956.19 (+0.27%) (YTD: +12.68%)
DFM: 2,747.39 (+0.44%) (YTD: -18.48%)
KSE Premier Market: 5,146.96 (-0.42%)
QE: 10,274.45 (+1.18%) (YTD: +20.54%)
MSM: 4,454.75 (+0.04%) (YTD: -12.64%)
BB: 1,322.63 (+0.04%) (YTD: -0.68%)