The Market Yesterday
EGP / USD CBE market average: Buy 17.11 | Sell 17.21
EGP / USD at CIB: Buy 17.10 | Sell 17.20
EGP / USD at NBE: Buy 17.12 | Sell 17.22
EGX30 (Tuesday): 14,646 (-1.1%)
Turnover: EGP 477 mn (44% below the 90-day average)
EGX 30 year-to-date: +12.4%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.1%. CIB, the index heaviest constituent ended up 0.1%. EGX30’s top performing constituents were CIRA up 1.2%, ACAMD up 1.1%, and CIB up 0.1%. Yesterday’s worst performing stocks were Madinet Nasr Housing down 4.2%, Oriental Weavers down 3.8% and Egypt Kuwait Holding down 3.6%. The market turnover was EGP 477 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -70.8 mn
Regional: Net Short | EGP -30.8 mn
Domestic: Net Long | EGP +101.7 mn
Retail: 44.1% of total trades | 42.5% of buyers | 45.9% of sellers
Institutions: 55.9% of total trades | 57.6% of buyers | 54.1% of sellers
WTI: USD 66.11 (-0.29%)
Brent: USD 74.51 (+0.63%)
Natural Gas (Nymex, futures prices) USD 2.45 MMBtu, (-0.04%, May 2019)
Gold: USD 1,273.90 / troy ounce (+0.05%)
TASI: 9,227.93 (+0.36%) (YTD: +17.90%)
ADX: 5,404.54 (+0.34%) (YTD: +9.96%)
DFM: 2,811.09 (-0.35%) (YTD: +11.12%)
KSE Premier Market: 6,145.90 (-0.38%)
QE: 10,382.18 (-0.18%) (YTD: +0.81%)
MSM: 3,958.08 (-0.52%) (YTD: -8.46%)
BB: 1,438.31 (-0.31%) (YTD: +7.56%)