The Market Yesterday
EGP / USD CBE market average: Buy 17.52 | Sell 17.62
EGP / USD at CIB: Buy 17.53 | Sell 17.63
EGP / USD at NBE: Buy 17.49 | Sell 17.59
EGX30 (Wednesday): 15, 213 (+0.4%)
Turnover: EGP 1.6 bn (79% above the 90-day average)
EGX 30 year-to-date: +16.7%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.4%. CIB, the index heaviest constituent ended up 0.4%. EGX30’s top performing constituents were Arab Investments up 5.1%, Arab Co. for Asset Management and Developments up 2.8%, and Pioneers Holding up 2.8%. Yesterday’s worst performing stocks were Global Telecom down 1.7%, Telecom Egypt down 1.6% and AMOC down 0.5%. The market turnover was EGP 1.6 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -64.8 mn
Regional: Net Long | EGP +13.1 mn
Domestic: Net Long | EGP +51.7 mn
Retail: 58.2% of total trades | 59.8% of buyers | 56.6% of sellers
Institutions: 41.8% of total trades | 40.2% of buyers | 43.4% of sellers
WTI: USD 56.30 (+0.37%)
Brent: USD 66.47 (+0.03%)
Natural Gas (Nymex, futures prices) USD 2.65 MMBtu, (+0.57%, Mar 2019 contract)
Gold: USD 1,346.60 / troy ounce (+0.13%)
TASI: 8,567.24 (+0.59%) (YTD: +9.46%)
ADX: 5,060.89 (+0.51%) (YTD: +2.97%)
DFM: 2,632.08 (+2.58%) (YTD: +4.05%)
KSE Premier Market: 5,481.15 (+0.37%)
QE: 10,077.82 (+0.96%) (YTD: -2.15%)
MSM: 4,053.94 (-0.07%) (YTD: -6.24%)
BB: 1,405.29 (+0.91%) (YTD: +5.09%)