The Market Yesterday
EGP / USD CBE market average: Buy 16.03 | Sell 16.16
EGP / USD at CIB: Buy 16.05 | Sell 16.15
EGP / USD at NBE: Buy 16.05 | Sell 16.15
EGX30 (Sunday): 13,434 (+0.6%)
Turnover: EGP 205 mn (72% below the 90-day average)
EGX 30 year-to-date: +3.1%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.6%. CIB, the index’s heaviest constituent, ended up 0.7%. EGX30’s top performing constituents were Pioneers Holding up 3.0%, Egyptian Resorts up 2.8%, and EFG Hermes up 1.9%. Yesterday’s worst performing stocks were CIRA down 6.6%, Ibnsina Pharma down 0.8% and Oriental Weavers down 0.4%. The market turnover was EGP 205 mn, and domestic investors were the sole net sellers.
Foreigners: Net Long | EGP +17.3 mn
Regional: Net Long | EGP +2.4 mn
Domestic: Net Short | EGP -19.2 mn
Retail: 63.7% of total trades | 60.4% of buyers | 66.9% of sellers
Institutions: 36.3% of total trades | 39.6% of buyers | 33.1% of sellers
WTI: USD 59.77 (-0.50%)
Brent: USD 64.89 (-0.51%)
Natural Gas (Nymex, futures prices) USD 2.31 MMBtu (+0.57%, January 2020 contract)
Gold: USD 1,478.20 / troy ounce (-0.20%)
TASI: 8,049.50 (+0.55%) (YTD: +2.85%)
ADX: 5,029.92 (-0.13%) (YTD: +2.34%)
DFM: 2,727.34 (+0.18%) (YTD: +7.81%)
KSE Premier Market: 6,828.32 (+0.85%)
QE: 10,262.84 (+0.06%) (YTD: -0.35%)
MSM: 4,012.19 (-0.19%) (YTD: -7.21%)
BB: 1,583.65 (+1.04%) (YTD: +18.42%)