Back to the complete issue
Tuesday, 30 October 2018

The Market Yesterday

Powered by
Pharos Holding - http://www.pharosholding.com/

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 (Monday): 13,074 (+0.7%)
Turnover: EGP 666 mn (5% below the 90-day average)
EGX 30 year-to-date: -12.9%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.7%. CIB, the index heaviest constituent ended up 0.2%. EGX30’s top performing constituents were Pioneers Holding up 4.6% and Palm Hills up 3.9%, and Sidi Kerir Petrochemicals up 2.7%. Yesterday’s worst performing stocks were AMOC down 1.9%, Juhayna down 0.4% and Egypt Aluminum down 0.4%. The market turnover was EGP 666 mn, and regional investors were the sole net buyers.

Foreigners: Net Short | EGP -1.5 mn
Regional: Net Long | EGP +3.9 mn
Domestic: Net Short | EGP -2.3 mn

Retail: 60.7% of total trades | 60.9% of buyers | 60.4% of sellers
Institutions: 39.3% of total trades | 39.1% of buyers | 39.6% of sellers

Foreign: 18.6% of total | 18.5% of buyers | 18.7% of sellers
Regional: 14.8% of total | 15.1% of buyers | 14.6% of sellers
Domestic: 66.6% of total | 66.4% of buyers | 66.7% of sellers

WTI: USD 66.69 (-0.52%)
Brent: USD 77.34 (-0.36%)

Natural Gas (Nymex, futures prices) USD 3.19 MMBtu, (+0.00%, December 2018 contract)
Gold: USD 1,231.80/ troy ounce (+0.34%)

TASI: 7,847.51 (+0.57%) (YTD: +8.60%)
ADX: 4,871.58 (-0.53%) (YTD: +10.76%)
DFM: 2,714.83 (-0.37%) (YTD: -19.44%)
KSE Premier Market: 5,216.73 (-0.02%)
QE: 10,191.68 (+0.47%) (YTD: +19.57%)
MSM: 4,428.80 (-0.57%) (YTD: -13.15%)
BB: 1,315.04 (-0.29%) (YTD: -1.25%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.