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 (Monday): 13,235 (+0.5%)
Turnover: EGP 1.2 bn (70% above the 90-day average)
EGX 30 year-to-date: -11.8%
THE MARKET ON MONDAY: The EGX30 index ended Monday’s session up 0.5%. CIB, the index heaviest constituent ended up 1.1%. EGX30’s top performing constituents were Arab Cotton Ginning up 4.8%, and Egyptian Iron & Steel up 3.3%, and Egyptian Resorts up 2.7%. Yesterday’s worst performing stocks were EFG Hermes down 1.8%, Egyptian Aluminum down 1.7% and QNB Alahli down 1.3%. The market turnover was EGP 1.2 bn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +27.2 mn
Regional: Net Short | EGP -32.6 mn
Domestic: Net Long | EGP 5.4 mn
Retail: 64.8% of total trades | 49.6% of buyers | 80.0% of sellers
Institutions: 35.2% of total trades | 50.4% of buyers | 20.0% of sellers
Foreign: 7.5% of total | 8.6% of buyers | 6.4% of sellers
Regional: 36.6% of total | 35.3% of buyers | 37.9% of sellers
Domestic: 55.9% of total | 56.1% of buyers | 55.6% of sellers
WTI: USD 63.10 (-0.06%)
Brent: USD 72.75 (-0.11%)
Natural Gas (Nymex, futures prices) USD 3.57 MMBtu, (+8.62%, December 2018 contract)
Gold: USD 1,233.00/ troy ounce (+0.06%)
TASI: 7,802.27 (-0.57%) (YTD: +7.97%)
ADX: 4,972.28 (+1.07%) (YTD: +13.05%)
DFM: 2,794.80 (-0.01%) (YTD: -17.07%)
KSE Premier Market: 5,263.59 (-0.12%)
QE: 10,458.28 (+1.23%) (YTD: 22.70%)
MSM: 4,415.02 (-0.22%) (YTD: -13.42%)
BB: 1,315.53 (+0.03%) (YTD: -1.22%)