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 (Thursday): 13,682 (+1.4%)
Turnover: EGP 882 mn (18% above the 90-day average)
EGX 30 year-to-date: -8.9%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1.4%. CIB, the index heaviest constituent ended up 1.1%. EGX30’s top performing constituents were Palm Hills up 5.9%, and Eastern Co up 4.6%, and Telecom Egypt up 4.5%. Thursday’s worst performing stocks were Pioneers Holding down 4.0%, Juhayna down 2.3% and Sidi Kerir Petrochemicals down 0.8%. The market turnover was EGP 882 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +78.0 mn
Regional: Net Short | EGP -101.0 mn
Domestic: Net Long | EGP +23.1 mn
Retail: 64.8% of total trades | 63.5% of buyers | 66.1% of sellers
Institutions: 35.2% of total trades | 36.5% of buyers | 33.9% of sellers
WTI: USD 56.46 (0.00%)
Brent: USD 66.76 (+0.21%)
Natural Gas (Nymex, futures prices) USD 4.27 MMBtu, (+5.79%, December 2018 contract)
Gold: USD 1,223.00/ troy ounce (+0.66%)
TASI: 7,662.17 (+0.03%) (YTD: +6.03%)
ADX: 5,055.46 (+0.68%) (YTD: +14.94%)
DFM: 2,778.76 (+0.09%) (YTD: -17.55%)
KSE Premier Market: 5,297.04 (+0.13%)
QE: 10,214.19 (+0.15%) (YTD: +19.84%)
MSM: 4,450.56 (-0.20%) (YTD: -12.72%)
BB: 1,309.16 (-0.10%) (YTD: -1.69%)