The Market Yesterday
EGP / USD CBE market average: Buy 17.03 | Sell 17.13
EGP / USD at CIB: Buy 17.02 | Sell 17.12
EGP / USD at NBE: Buy 17.03 | Sell 17.13
EGX30 (Tuesday): 14,024 (+0.9%)
Turnover: EGP 372 mn (54% below the 90-day average)
EGX 30 year-to-date: +7.6%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.9%. CIB, the index heaviest constituent ended up 1.1%. EGX30’s top performing constituents were Cairo Investment & Real Estate Development up 3.6%, Telecom Egypt up 2.0%, and Qalaa Holdings up 1.8%. Yesterday’s worst performing stocks were Egyptian Resorts down 1.6%, Pioneers Holding down 0.9% and TMG Holding down 0.5%. The market turnover was EGP 372 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -8.7 mn
Regional: Net Short | EGP -5.5 mn
Domestic: Net Long | EGP +14.2 mn
Retail: 41.4% of total trades | 41.6% of buyers | 41.3% of sellers
Institutions: 58.6% of total trades | 58.4% of buyers | 58.7% of sellers
WTI: USD 61.34 (+0.49%)
Brent: USD 70.96 (+1.04%)
Natural Gas (Nymex, futures prices) USD 2.65 MMBtu, (+1.22%, Jun 2019)
Gold: USD 1,297.50 / troy ounce (-0.33%)
TASI: 8,374.27 (+0.09%) (YTD: +7.00%)
ADX: 4,802.58 (-2.57%) (YTD: -2.29%)
DFM: 2,612.98 (+3.46%) (YTD: +3.29%)
KSE Premier Market: 5,998.60 (-1.32%)
QE: 9,798.74 (+0.60%) (YTD: -4.86%)
MSM: 3,828.05 (-0.32%) (YTD: -11.46%)
BB: 1,408.44 (-0.54%) (YTD: +5.32%)