The Market Yesterday
EGP / USD CBE market average: Buy 16.55 | Sell 16.68
EGP / USD at CIB: Buy 16.55 | Sell 16.65
EGP / USD at NBE: Buy 16.57 | Sell 16.67
EGX30 (Thursday): 13,814 (-1.4%)
Turnover: EGP 619 mn (7% below the 90-day average)
EGX 30 year-to-date: +6.0%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 1.4%. CIB, the index heaviest constituent ended down 1.6%. EGX30’s top performing constituent was GB Auto up 1.0%. Thursday’s worst performing stocks were Ezz Steel down 7.3%, AMOC down 4.8% and Emaar Misr down 3.7%. The market turnover was EGP 619 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -809.2 mn
Regional: Net Long | EGP +358.9 mn
Domestic: Net Long | EGP +450.4 mn
Retail: 11.5% of total trades | 14.9% of buyers | 8.2% of sellers
Institutions: 88.5% of total trades | 85.1% of buyers | 91.8% of sellers
WTI: USD 60.21 (+0.02%)
Brent: USD 66.72 (+0.30%)
Natural Gas (Nymex, futures prices) USD 2.45 MMBtu, (+1.53%, Aug 2019 contract)
Gold: USD 1,412.20 / troy ounce (+0.39%)
TASI: 8,968.23 (+0.70%) (YTD: +14.58%)
ADX: 5,052.43 (+0.51%) (YTD: +2.79%)
DFM: 2,685.58 (-0.06%) (YTD: +6.16%)
KSE Premier Market: 6,776.83 (+0.14%)
QE: 10,613.32 (+0.59%) (YTD: 3.05%)
MSM: 3,808.32 (-0.12%) (YTD: -11.92%)
BB: 1,537.09 (-0.18%) (YTD: +14.94%)