The Market Yesterday
EGP / USD CBE market average: Buy 16.24 | Sell 16.36
EGP / USD at CIB: Buy 16.24 | Sell 16.34
EGP / USD at NBE: Buy 16.23 | Sell 16.33
EGX30 (Monday): 14,431 (+1.5%)
Turnover: EGP 943 mn (36% above the 90-day average)
EGX 30 year-to-date: +10.7%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.5%. CIB, the index’s heaviest constituent, ended up 1.4%. EGX30’s top performing constituents were Ezz Steel up 15.3%, Egyptian Iron & Steel up 6.2%, and CIRA up 4.9%. Yesterday’s worst performing stocks were Juhayna down 1.2%, Cleopatra Hospital down 1.0% and Egyptian Resorts down 0.7%. The market turnover was EGP 943 mn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -52.2 mn
Regional: Net short | EGP -18.7 mn
Domestic: Net long | EGP +71.0 mn
Retail: 59.6% of total trades | 62.2% of buyers | 57.1% of sellers
Institutions: 40.4% of total trades | 37.8% of buyers | 42.9% of sellers
WTI: USD 52.90 (+0.3%)
Brent: USD 58.35 (-0.0%)
Natural Gas (Nymex, futures prices) USD 2.30 MMBtu, (-0.3% November 2019 contract)
Gold: USD 1,499.70 / troy ounce (-0.3%)
TASI: 7,878 (-1.1%) (YTD: +0.7%)
ADX: 5,075 (+0.8%) (YTD: +3.3%)
DFM: 2,803 (+0.8%) (YTD: +10.8%)
KSE Premier Market: 6,232 (+1.1%)
QE: 10,299 (-0.1%) (YTD: +0.0%)
MSM: 4,026 (-0.0%) (YTD: -6.9%)
BB: 1,519 (+0.5%) (YTD: +13.6%)