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Tuesday, 28 May 2019

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 16.78 | Sell 16.88
EGP / USD at CIB: Buy 16.78 | Sell 16.88
EGP / USD at NBE: Buy 16.80 | Sell 16.90

EGX30 (Monday): 13,960 (-0.2%)
Turnover: EGP 338 mn (57% below the 90-day average)
EGX 30 year-to-date: +7.1%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.2%. CIB, the index heaviest constituent ended up 0.4%. EGX30’s top performing constituents were Kima up 6.7%, and GB Auto up 2.2%, and Egyptian Iron & Steel up 2.2%. Yesterday’s worst performing stocks were Sarwa Capital Holding down 4%, AMOC down 3.2 and Eastern Co down 3.1%. The market turnover was EGP 338 mn, and foriegn investors were the sole net sellers.

Foreigners: Net Short | EGP -77.2 mn
Regional: Net Long | EGP +8.6 mn
Domestic: Net Long | EGP +68.6 mn

Retail: 59.3% of total trades | 66.4% of buyers | 52.2% of sellers
Institutions: 40.7% of total trades | 33.6% of buyers | 47.8% of sellers

WTI: USD 59.11 (+0.82%)
Brent: USD 70.11 +2.07%)

Natural Gas (Nymex, futures prices) USD 2.57 MMBtu, (-1.00%, JUNE 2019 contract)
Gold: USD 1,290.10 / troy ounce (+0.07%)

TASI: 8,381.97 (+0.26%) (YTD: +7.09%)
ADX: 4,779.22 (+0.09%) (YTD: -2.76%)
DFM: 2,575.04 (-0.26%) (YTD: +1.79%)
KSE Premier Market: 6,090.54 (+0.8%)
QE: 9,783.56 (+0.89%) (YTD: -5.00%)
MSM: 3,864.65 (-0.16%) (YTD: -10.62%)
BB: 1,413.12 (+0.20%) (YTD: +5.67%)

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