The Market Yesterday
EGP / USD CBE market average: Buy 15.97 | Sell 16.10
EGP / USD at CIB: Buy 15.98 | Sell 16.08
EGP / USD at NBE: Buy 16.00 | Sell 16.10
EGX30 (Monday): 13,434 (-0.2%)
Turnover: EGP 423 mn (42% below the 90-day average)
EGX 30 year-to-date: +2.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.2%. CIB, the index’s heaviest constituent, ended down 0.5%. EGX30’s top performing constituents were Cleopatra Hospitals up 6.9%, Ibnsina Pharma up 4.2%, and Orascom Development Egypt up 3.0%. Yesterday’s worst performing stocks were Egyptian Resorts down 3.1%, SODIC down 3.0% and Elsewedy Electric down 1.6%. The market turnover was EGP 423 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +5.9 mn
Regional: Net Short | EGP -0.4 mn
Domestic: Net Short | EGP -5.5 mn
Retail: 41.8% of total trades | 40.7% of buyers | 42.9% of sellers
Institutions: 58.2% of total trades | 59.3% of buyers | 57.1% of sellers
WTI: USD 60.22 (+0.25%)
Brent: USD 65.36 (+0.21%)
Natural Gas (Nymex, futures prices) USD 2.35 MMBtu (+2.48%, January 2020 contract)
Gold: USD 1,480.40 / troy ounce (-0.05%)
TASI: 8,138.99 (+1.11%) (YTD: +3.99%)
ADX: 5,038.75 (+0.18%) (YTD: +2.52%)
DFM: 2,736.55 (+0.34%) (YTD: +8.17%)
KSE Premier Market: 6,814.96 (-0.2%)
QE: 10,222.18 (-0.40%) (YTD: -0.75%)
MSM: 3,950.89 (-1.53%) (YTD: -8.62%)
BB: 1,583.65 (+1.04%) (YTD: +18.42%)