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Sunday, 4 August 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.49 | Sell 16.61
EGP / USD at CIB: Buy 16.5 | Sell 16.6
EGP / USD at NBE: Buy 16.53 | Sell 16.63

EGX30 (Thursday): 13,525 (+1.00%)
Turnover: EGP 502 mn (15% below the 90-day average)
EGX 30 year-to-date: +3.8%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1%. CIB, the index heaviest constituent ended up 0.9%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 8.6%, TMG Holding up 5.0%, and Orascom Construction up 5.0%. Thursday’s worst performing stocks were Qalaa Holdings down 8.6%, and Juhayna down 2.0%. The market turnover was EGP 502 mn, and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +25.4 mn
Regional: Net short | EGP -2.7 mn
Domestic: Net short | EGP -22.7 mn

Retail: 50.1% of total trades | 58.6% of buyers | 41.6% of sellers
Institutions: 49.9% of total trades | 41.4% of buyers | 58.4% of sellers

WTI: USD 55.66 (+3.17%)
Brent: USD 61.89 (+2.30%)

Natural Gas (Nymex, futures prices) USD 2.12 MMBtu, (-3.68%, September 2019 contract)
Gold: USD 1,457.50 / troy ounce (+1.75%)

TASI: 8,666.39 (-0.76%) (YTD: +10.73%)
ADX: 5,230.22 (-1.65%) (YTD: +6.41%)
DFM: 2,900.39 (-0.62%) (YTD: +14.65%)
KSE Premier Market: 6,753.55 (+0.14%)
QE: 10,397.63 (-1.02%) (YTD: +0.96%)
MSM: 3,776.83 (+0.43%) (YTD: -12.65%)
BB: 1,549.58 (+0.12%) (YTD: +15.88%)

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