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Sunday, 3 July 2016

BY THE NUMBERS

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USD CBE auction (Tuesday, 28 June): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Wednesday, 22 June): 11.05-11.08 (compared to 11.07-11.10 on Wednesday, 22 June, Reuters)

EGX30 (Wednesday): 6,943 (+0.2%)
Turnover: EGP 377.4 mn
EGX 30 year-to-date: -0.9%

THE MARKET ON WEDNESDAY: In tandem with its global counterparts, the Egyptian market continued to recover from Sunday’s post-Brexit losses as it added another 0.2% to close at 6,943 points. The day’s top performing EGX30 constituents were Elsewedy Electric, Heliopolis Housing, and Arabia Investments. On the flip side, the worst performing constituents were South Valley Cement, Amer Group, and Ezz Steel. At a market turnover of EGP 377.4 mn, for­eign investors were the sole net sellers.

Foreigners: Net short | EGP – 24.6 mn
Regional: Net long | EGP + 5.6 mn
Domestic: Net long | EGP + 19.0 mn

Retail: 58.9% of total trades | 60.0% of buyers | 57.7% of sellers
Institutions: 41.1% of total trades | 40.0% of buyers | 42.3% of sellers

Foreign: 19.1% of total |15.9% of buyers | 22.3% of sellers
Regional: 9.4% of total | 10.1% of buyers | 8.7% of sellers
Domestic: 71.5% of total | 74.0% of buyers | 69.0% of sellers

WTI: USD 48.99 (+1.83%)
Brent: USD 49.68 (+1.89%)
Natural Gas (Nymex, futures prices) USD 2.99 MMBtu, (+2.40%, July 2016 contract)
Gold: USD 1,339.00 / troy ounce (+1.86%)

TASI: 6,499.9 (flat) (YTD: -5.96%)
ADX: 4,497.6 (+1.8%) (YTD: +4.42%)
DFM: 3,311.1 (+1.2%) (YTD: +5.08%)
KSE Weighted Index: 351.4 (-0.4%) (YTD: -7.93%)
QE: 9,885.2 (+0.1%) (YTD: -5.22%)
MSM: 5,777.3 (flat) (YTD: +6.86%)
BB: 1,118.4 (flat) (YTD: -8.02%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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