The Market Yesterday
EGP / USD CBE market average: Buy 17.87 | Sell 17.96
EGP / USD at CIB: Buy 17.89 | Sell 17.96
EGP / USD at NBE: Buy 17.79 | Sell 17.89
EGX30 (Monday): 13,336 (-1.4%)
Turnover: EGP 685 mn (15% below the 90-day average)
EGX 30 year-to-date: +2.3%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.4%. CIB, the index heaviest constituent ended down 1.0%. EGX30’s top performing constituents were Ibnsina Pharma up 1.6%, Egypt Aluminum up 1.1%, and Sidi Kerir Petrochemicals up 0.6%. Yesterday’s worst performing stocks were Global Telecom down 5.1%, TMG Holding down 3.1% and Ezz Steel down 2.8%. The market turnover was EGP 685 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -28.2 mn
Regional: Net Short | EGP -52.1 mn
Domestic: Net Long | EGP +80.2 mn
Retail: 66.0% of total trades | 69.3% of buyers | 62.6% of sellers
Institutions: 34.0% of total trades | 30.7% of buyers | 37.4% of sellers
WTI: USD 51.28 (-0.60%)
Brent: USD 59.96 (-0.86%)
Natural Gas (Nymex, futures prices) USD 3.52 MMBtu, (+13.55%, Feb 2019)
Gold: USD 1,290.70 / troy ounce (+0.09%)
TASI: 8,270.55 (-0.25%) (YTD: +5.67%)
ADX: 4,999.23 (+0.61%) (YTD: +1.71%)
DFM: 2,527.28 (-0.41%) (YTD: -0.10%)
KSE Premier Market: 5,471.27 (-0.04%)
QE: 10,671.56 (+0.17%) (YTD: +3.62%)
MSM: 4,308.74 (+0.11%) (YTD: -0.35%)
BB: 1,343.79 (-0.05%) (YTD: +0.49%)