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): 12,997 (+1.1%)
Turnover: EGP 997 mn (24% above the 90-day average)
EGX 30 year-to-date: -13.5%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1.1%. CIB, the index heaviest constituent ended up 0.04%. EGX30’s top performing constituents were Orascom Construction up 6.5%, and Global Telecom up 6.2%, and Heliopolis Housing up 5.4%. Thursday’s worst performing stocks were Egypt Aluminum down 1.5%, Pioneers Holding down 0.6% and Telecom Egypt down 0.5%. The market turnover was EGP 997 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +82.3 mn
Regional: Net Short | EGP -80.2 mn
Domestic: Net Short | EGP -2.1 mn
Retail: 63.6% of total trades | 58.8% of buyers | 68.4% of sellers
Institutions: 36.4% of total trades | 41.2% of buyers | 31.6% of sellers
WTI: USD 51.20 (-2.62%)
Brent: USD 60.28 (-1.90%)
Natural Gas (Nymex, futures prices) USD 3.83 MMBtu, (-7.20%, January 2019 contract)
Gold: USD 1,241.40 / troy ounce (-0.48%)
TASI: 7,914.29 (+0.31%) (YTD: +9.52%)
ADX: 4,861.54 (+0.50%) (YTD: +10.53%)
DFM: 2,599.05 (+0.99%) (YTD: -22.88%)
KSE Premier Market: 5,387.53 (-0.01%)
QE: 10,456.14 (+0.22%) (YTD: +22.68%)
MSM: 4,448.11 (-0.77%) (YTD: -12.77%)
BB: 1,319.32 (-0.07%) (YTD: -0.93%)