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Thursday, 1 August 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.49 | Sell 16.62
EGP / USD at CIB: Buy 16.50 | Sell 16.60
EGP / USD at NBE: Buy 16.53 | Sell 16.63

EGX30 (Wednesday): 13,392 (+0.2%)
Turnover: EGP 626 mn (6% above the 90-day average)
EGX 30 year-to-date: +2.7%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.2%. CIB, the index heaviest constituent ended up 1.6%. EGX30’s top performing constituents were Heliopolis Housing up 3.1% and Egyptian Resorts up 2.7%. Yesterday’s worst performing stocks were Qalaa Holdings down 9.6%, Arabia Investments Holding down 4.4% and Kima down 3.7%. The market turnover was EGP 626 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +73.3 mn
Regional: Net Short | EGP -36.7 mn
Domestic: Net Short | EGP -36.6 mn

Retail: 49.1% of total trades | 48.0% of buyers | 50.3% of sellers
Institutions: 50.9% of total trades | 52.0% of buyers | 49.7% of sellers

WTI: USD 57.50 (-1.84%)
Brent: USD 65.17 (+0.70%)

Natural Gas (Nymex, futures prices) USD 2.24 MMBtu, (+0.18%,Sep 2019 contract)
Gold: USD 1,422.90 / troy ounce (-1.04%)

TASI: 8,732.62 (-0.10%) (YTD: +11.57%)
ADX: 5,317.90 (-0.25%) (YTD: +8.20%)
DFM: 2,918.38 (+0.23%) (YTD: +15.36%)
KSE Premier Market: 6,744.08 (+0.14%)
QE: 10,505.00 (-0.80%) (YTD: +2.00%)
MSM: 3,760.63 (+0.14%) (YTD: -13.02%)
BB: 1,547.68 (+0.09%) (YTD: +15.74%)

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