The Market Yesterday
EGP / USD CBE market average: Buy 16.07 | Sell 16.19
EGP / USD at CIB: Buy 16.07 | Sell 16.17
EGP / USD at NBE: Buy 16.06 | Sell 16.16
EGX30 (Thursday): 13,622 (-0.1%)
Turnover: EGP 537 mn (26% below the 90-day average)
EGX 30 year-to-date: +4.5%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.04%. EGX30’s top performing constituents were CIRA up 1.7%, Orascom Construction up 1.5%, and AMOC up 1.3%. Thursday’s worst performing stocks were Cleopatra Hospitals down 4.1%, Egyptian Resorts down 3.8% and Sidi Kerir Petrochemicals down 3.1%. The market turnover was EGP 537 mn, and foreigners investors were the sole net buyers.
Foreigners: Net Long | EGP +69.8 mn
Regional: Net Short | EGP -38.0 mn
Domestic: Net Short | EGP -31.7 mn
Retail: 59.4% of total trades | 56.1% of buyers | 62.7% of sellers
Institutions: 40.6% of total trades | 43.9% of buyers | 37.3% of sellers
WTI: USD 59.20 (+1.32%)
Brent: USD 64.39 (+1.58%)
Natural Gas (Nymex, futures prices) USD 2.33 MMBtu (-3.83%, January 2020 contract)
Gold: USD 1,465.10 / troy ounce (-1.21%)
TASI: 7,905.51 (+0.44%) (YTD: +1.01%)
ADX: 5,046.61 (-0.03%) (YTD: +2.68%)
DFM: 2,694.71 (-0.03%) (YTD: +6.52%)
KSE Premier Market: 6,655.71 (+0.17%)
QE: 10,358.35 (+0.84%) (YTD: +0.58%)
MSM: 4,028.89 (-0.28%) (YTD: -6.82%)
BB: 1,547.31 (+0.21%) (YTD: +15.71%)