The Market Yesterday
EGP / USD CBE market average: Buy 17.12 | Sell 17.22
EGP / USD at CIB: Buy 17.10 | Sell 17.20
EGP / USD at NBE: Buy 17.12 | Sell 17.22
EGX30 (Thursday): 14,880 (-0.3%)
Turnover: EGP 315 mn (63% below the 90-day average)
EGX 30 year-to-date: +14.2%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.3%. CIB, the index heaviest constituent ended down 0.7%. EGX30’s top performing constituents were Global Telecom up 1.8%, TMG Holding up 1.3%, and Emaar Misr up 0.9%. Thursday’s worst performing stocks were Heliopolis Housing down 2.3%, Ezz Steel down 2.2% and Egyptian Resorts down 2.0%. The market turnover was EGP 315 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +4.9 mn
Regional: Net Short | EGP -5.5 mn
Domestic: Net Long | EGP +0.6 mn
Retail: 44.9% of total trades | 43.9% of buyers | 46.0% of sellers
Institutions: 55.1% of total trades | 56.1% of buyers | 54.0% of sellers
WTI: USD 61.94 (+0.21%)
Brent: USD 70.85 (+0.14%)
Natural Gas (Nymex, futures prices) USD 2.57 MMBtu, (-0.85%, June 2019)
Gold: USD 1,281.30 / troy ounce (+0.73%)
TASI: 9,336.90 (-0.27%) (YTD: +19.30%)
ADX: 5,242.59 (-0.30%) (YTD: +6.66%)
DFM: 2,758.51 (+0.25%) (YTD: +9.04%)
KSE Premier Market: 6,125.81 (+1.36%)
QE: 10,480.52 (+0.77%) (YTD: +1.76%)
MSM: 3,964.83 (-0.03%) (YTD: -8.30%)
BB: 1,434.59 (+0.05%) (YTD: +7.28%)