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Tuesday, 4 December 2018

The Market Yesterday

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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): 12,934 (-1.6%)
Turnover: EGP 997 mn (25% above the 90-day average)
EGX 30 year-to-date: -13.9%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.6%. CIB, the index heaviest constituent ended down 1.3%. EGX30’s top performing constituents were Telecom Egypt up 2.6%, and Egypt Kuwait Holding up 1.0%, and AMOC up 0.6%. Yesterday’s worst performing stocks were Global Telecom down 7.8%, Elsewedy Electric down 5.0% and Arab Cotton Ginning down 4.0%. The market turnover was EGP 997 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +94.8 mn
Regional: Net Short | EGP -169.7 mn
Domestic: Net Long | EGP +75.0 mn

Retail: 53.3% of total trades | 57.9% of buyers | 48.7% of sellers
Institutions: 46.7% of total trades | 42.1% of buyers | 51.3% of sellers

WTI: USD 53.23 (+0.53%)
Brent: USD 61.69 (+3.75%)

Natural Gas (Nymex, futures prices) USD 4.38 MMBtu, (+0.97%, January 2019 contract)
Gold: USD 1,236.7 / troy ounce (-0.23%)

TASI: 7,916.79 (+0.91%) (YTD: +9.55%)
ADX: 4,770.08 (-2.27%) (YTD: +8.45%)
DFM: 2,668.66 (-0.6%) (YTD: -20.81%)
KSE Premier Market: 5,327.05 (+0.17%)
QE: 10,451.33 (+1.30%) (YTD: +22.62%)
MSM: 4,450.19 (+0.73%) (YTD: -12.73%)
BB: 1,325.93 (-0.46%) (YTD: -0.43%)

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