The Market Yesterday
EGP / USD CBE market average: Buy 16.28 | Sell 16.40
EGP / USD at CIB: Buy 16.27 | Sell 16.37
EGP / USD at NBE: Buy 16.30 | Sell 16.40
EGX30 (Tuesday): 14,752 (-1.5%)
Turnover: EGP 961 mn (52% above the 90-day average)
EGX 30 year-to-date: +13.2%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.5%. CIB, the index’s heaviest constituent, ended down 0.8%. EGX30’s top performing constituents were Telecom Egypt up 1.8%, Cleopatra Hospital up 1.2%, and Ibnsina Pharma up 0.6%. Yesterday’s worst performing stocks were Qalaa Holdings down 6.0%, Palm Hills down 5.6% and Orascom Investment Holding down 5.4%. The market turnover was EGP 961 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +48.7 mn
Regional: Net Long | EGP +30.2 mn
Domestic: Net Short | EGP -78.9 mn
Retail: 60.6% of total trades | 55.9% of buyers | 65.3% of sellers
Institutions: 39.4% of total trades | 44.1% of buyers | 34.7% of sellers
WTI: USD 58.91 (-0.72%)
Brent: USD 64.55 (-6.48%)
Natural Gas (Nymex, futures prices) USD 2.66 MMBtu, (-0.22%, Oct 2019 contract)
Gold: USD 1,508.70 / troy ounce (-0.31%)
TASI: 7,770.55 (-0.72%) (YTD: -0.72%)
ADX: 5,170.66 (+0.19%) (YTD: +5.20%)
DFM: 2,849.67 (-0.99) (YTD: +12.65%)
KSE Premier Market: 6,069.89 (-0.5%)
QE: 10,470.83 (-0.39%) (YTD: +1.67%)
MSM: 4,001.48 (-0.19%) (YTD: -7.45%)
BB: 1,513.93 (-0.68%) (YTD: +13.21%)