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 (Sunday): 13,170 (-0.2%)
Turnover: EGP 529 mn (25% below the 90-day average)
EGX 30 year-to-date: -12.3%
THE MARKET ON SUNDAY: The EGX30 index ended Sunday’s session down 0.2%. CIB, the index heaviest constituent ended down 0.5%. EGX30’s top performing constituents were Egyptian resorts up 2.3%, and Qalaa Holdings up 1.9%, and SODIC up 1.7% Yesterday’s worst performing stocks were Ezz Steel down 2.8%, Egyptian Iron & Steel down 2.2% and Ibnsina Pharma down 2.0%. The market turnover was EGP529 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -1.1 mn
Regional: Net Short | EGP -7.2 mn
Domestic: Net Long | EGP +8.3 mn
Retail: 76.9% of total trades | 78.6% of buyers | 75.3% of sellers
Institutions: 23.1% of total trades | 21.4% of buyers | 24.7% of sellers
Foreign: 5.9% of total | 5.8% of buyers | 6.0% of sellers
Regional: 6.5% of total | 5.8% of buyers | 7.2% of sellers
Domestic: 87.6% of total | 88.3% of buyers | 86.8% of sellers
WTI: USD 63.14 (-0.86%)
Brent: USD 72.83 (-0.08%)
Natural Gas (Nymex, futures prices) USD 3.28 MMBtu, (+1.45%, December 2018 contract)
Gold: USD 1,233.30/ troy ounce (-0.43%)
TASI: 7,846.93 (-0.41%) (YTD: +8.59%)
ADX: 4,919.84 (-0.02%) (YTD: +11.85%)
DFM: 2,794.98 (-0.37%) (YTD: -17.06%)
KSE Premier Market: 5,269.84 (+0.13%)
QE: 10,331.14 (+0.49%) (YTD: +21.21%)
MSM: 4,424.86 (+0.06%) (YTD: -13.23%)
BB: 1,315.18 (+0.15%) (YTD: -1.24%)