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 (Tuesday): 13,214 (+1.3%)
Turnover: EGP 862 mn (10% above the 90-day average)
EGX 30 year-to-date: -12.0%
THE MARKET ON TUESDAY: The EGX30 ended yesterday’s session up 1.3%. CIB, the index heaviest constituent ended up 1%. EGX30’s top performing constituents were Porto Group up 4.5%, and Telecom Egypt up 4.3%, and Ezz Steel up 3.7%. Yesterday’s worst performing stocks were Ibnsina Pharma down 0.8%, Edita down 0.1%. The market turnover was EGP 862 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +262.1 mn
Regional: Net Short | EGP -95.2 mn
Domestic: Net Short | EGP -166.9 mn
Retail: 50.3% of total trades | 50.3% of buyers | 50.4% of sellers
Institutions: 49.7% of total trades | 49.7% of buyers | 49.6% of sellers
WTI: USD 52.09 (+0.89%)
Brent: USD 60.84 (+0.60%)
Natural Gas (Nymex, futures prices) USD 4.20 MMBtu, (-1.13%, December 2018)
Gold: USD 1,220.80/ troy ounce (-0.64%)
TASI: 7,573.48 (+0.59%) (YTD: +4.80%)
ADX: 4,960.04 (-0.23%) (YTD: +12.77%)
DFM: 2,699.60 (-1.02%) (YTD: -19.89%)
KSE Premier Market: 5,333.38 (+0.75%)
QE: 10,355.67 (-0.01%) (YTD: +21.50%)
MSM: 4,386.87 (-0.14%) (YTD: -13.97%)
BB: 1,320.33 (-0.49%) (YTD: -0.85%)