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Wednesday, 29 May 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.77 | Sell 16.87
EGP / USD at CIB: Buy 16.77 | Sell 16.87
EGP / USD at NBE: Buy 16.80 | Sell 16.90

EGX30 (Tuesday): 14,028 (+0.5%)
Turnover: EGP 925 mn (17% above the 90-day average)
EGX 30 year-to-date: +7.6%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.5%. CIB, the index heaviest constituent ended up 0.3%. EGX30’s top performing constituents were GB Auto up 7.8%, and Kima up 5.3%, and AMOC up 5%. Yesterday’s worst performing stocks were Eastern Co down 3.6%, Juhayna down 3.1% and Sarwa Capital Holding down 0.7%. The market turnover was EGP 925 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +3.0 mn
Regional: Net Short | EGP -5.9 mn
Domestic: Net Long | EGP +2.9 mn

Retail: 40.4% of total trades | 38.4% of buyers | 42.3% of sellers
Institutions: 59.6% of total trades | 61.6% of buyers | 57.7% of sellers

WTI: USD 58.93 (-0.36%)
Brent: USD 70.11 (0.00%)

Natural Gas (Nymex, futures prices) USD 2.58 MMBtu, (0.00%, June 2019 contract)
Gold: USD 1,284.00 / troy ounce (+0.12%)

TASI: 8,550.90 (+2.02%) (YTD: +9.25%)
ADX: 4,791.42 (+0.26%) (YTD: -2.52%)
DFM: 2,607.01 (+1.24%) (YTD: +3.05%)
KSE Premier Market: 6,153.91 (+1.04%)
QE: 9,896.06 (+1.15%) (YTD: -3.91%)
MSM: 3,918.80 (+1.40%) (YTD: -9.37%)
BB: 1,427.58 (+1.02%) (YTD: +6.75%)

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