The Market Yesterday
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 16.50 | Sell 16.60
EGX30 (Tuesday): 15,000 (-0.7%)
Turnover: EGP 712 mn (17% above the 90-day average)
EGX 30 year-to-date: +15.1%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.7%. CIB, the index’s heaviest constituent, ended down 0.9%. EGX30’s top performing constituents were AMOC up 2.7%, Sidi Kerir Petrochemicals up 2.3%, and Elsewedy Electric up 2.0%. Yesterday’s worst performing stocks were CIRA down 3.7%, Juhayna down 3.3% and Eastern Co down 3.0%. The market turnover was EGP 712 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -30.3 mn
Regional: Net Short | EGP -13.8 mn
Domestic: Net Long | EGP +44.1 mn
Retail: 63.7% of total trades | 65.6% of buyers | 61.8% of sellers
Institutions: 36.3% of total trades | 34.4% of buyers | 38.2% of sellers
WTI: USD 53.96 (+0.04%)
Brent: USD 58.24 (-0.03%)
Natural Gas (Nymex, futures prices) USD 2.35 MMBtu, (-0.51%, Oct 2019 contract)
Gold: USD 1,557.30 / troy ounce (+0.09%)
TASI: 7,924.18 (-0.59%) (YTD: +1.25%)
ADX: 5,105.12 (-0.99%) (YTD: +3.87%)
DFM: 2,876.44 (-0.46%) (YTD: +13.70%)
KSE Premier Market: 6,560.19 (+0.14%)
QE: 10,300.01 (+0.25%) (YTD: +0.01%)
MSM: 4,016.62 (+0.35%) (YTD: -7.10%)
BB: 1,543.18 (+0.16%) (YTD: +15.40%)