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Tuesday, 18 June 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.7028 | Sell 16.8022
EGP / USD at CIB: Buy 16.67 | Sell 16.77
EGP / USD at NBE: Buy 16.71 | Sell 16.81

EGX30 (Monday): 14,241 (+0.2%)
Turnover: EGP 671 mn (12% below the 90-day average)
EGX 30 year-to-date: +9.3%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.6%. EGX30’s top performing constituents were Kima up 1.8%, Juhayna up 1.7%, and Elsewedy Electric up 1.6%. Yesterday’s worst performing stocks were Madinet Nasr Housing down 2.0%, Egypt Kuwait Holding down 1.3% and Oriental Weavers down 0.9%. The market turnover was EGP 671 mn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -31.1 mn
Regional: Net long | EGP +2.9 mn
Domestic: Net long | EGP +28.3 mn

Retail: 46.2% of total trades | 45.5% of buyers | 46.9% of sellers
Institutions: 53.8% of total trades | 54.5% of buyers | 53.1% of sellers

WTI: USD 51.95 (+0.04%)
Brent: USD 60.94 (-1.73%)

Natural Gas (Nymex, futures prices) USD 2.37 MMBtu, (-0.59%, July 2019 contract)
Gold: USD 1,343.40 / troy ounce (+0.04%)

TASI: 8,975.63 (+1.00%) (YTD: +14.68%)
ADX: 4,901.08 (-1.09%) (YTD: -0.28%)
DFM: 2,614.31 (+0.01%) (YTD: +3.34%)
KSE Premier Market: 6,356.24 (+0.07%)
QE: 10,390.08 (-0.85%) (YTD: +0.88%)
MSM: 3,918.90 (+0.09%) (YTD: -9.36%)
BB: 1,449.76 (-0.01%) (YTD: +8.41%)

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