The Market Yesterday
EGP / USD CBE market average: Buy 16.05 | Sell 16.17
EGP / USD at CIB: Buy 16.06 | Sell 16.16
EGP / USD at NBE: Buy 16.07 | Sell 16.17
EGX30 (Sunday): 14,556 (+0.1%)
Turnover: EGP 453 mn (38% below the 90-day average)
EGX 30 year-to-date: +11.7%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.1%. CIB, the index’s heaviest constituent, ended up 0.8%. EGX30’s top performing constituents were Pioneers Holding up 1.8%, Emaar Misr up 1.0%, and Egyptian Resorts up 1.0%. Yesterday’s worst performing stocks were Sidi Kerir Petrochemicals down 4.6%, AMOC down 3.2% and Ezz Steel down 1.8%. The market turnover was EGP 453 mn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -27.3 mn
Regional: Net short | EGP -12.9 mn
Domestic: Net long | EGP +40.1 mn
Retail: 63.6% of total trades | 60.6% of buyers | 66.6% of sellers
Institutions: 36.4% of total trades | 39.4% of buyers | 33.4% of sellers
WTI: USD 57.72 (+1.7%)
Brent: USD 63.30 (+1.6%)
Natural Gas (Nymex, futures prices) USD 2.69 MMBtu, (+1.6%, December 2019 contract)
Gold: USD 1,468 / troy ounce (-0.3%)
TASI: 7,927 (+0.1%) (YTD: +1.3%)
ADX: 5,060 (-1.5%) (YTD: +3.0%)
DFM: 2,705 (+0.1%) (YTD: +6.9%)
KSE Premier Market: 6,262 (+0.1%)
QE: 10,317 (-0.5%) (YTD: +0.2%)
MSM: 4,092 (+0.2%) (YTD: -5.3%)
BB: 1,499 (-0.4%) (YTD: +12.1%)