The Market Yesterday
EGP / USD CBE market average: Buy 15.99 | Sell 16.09
EGP / USD at CIB: Buy 15.99 | Sell 16.09
EGP / USD at NBE: Buy 15.99 | Sell 16.09
EGX30 (Sunday): 13,813 (-0.5%)
Turnover: EGP 268 mn (61% below the 90-day average)
EGX 30 year-to-date: +6.0%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.5%. CIB, the index’s heaviest constituent, ended down 1.1%. EGX30’s top performing constituents were Qalaa Holdings up 4.3%, KIMA up 2.5%, and Orascom Development Egypt up 1.5%. Yesterday’s worst performing stocks were Egyptian Resorts down 1.6%, Cleopatra Hospitals down 1.4% and SODIC down 1.3%. The market turnover was EGP 268 mn, and domestic investors were the sole net sellers.
Foreigners: Net Long | EGP +15.1 mn
Regional: Net Long | EGP +18.0 mn
Domestic: Net Short | EGP -33.1 mn
Retail: 65.4% of total trades | 69.4% of buyers | 61.4% of sellers
Institutions: 34.6% of total trades | 30.6% of buyers | 38.6% of sellers
WTI: USD 61.75 (+0.05%)
Brent: USD 68.28 (+0.18%)
Natural Gas (Nymex, futures prices) USD 2.24 MMBtu (+0.40%, January 2020 contract)
Gold: USD 1,518.80 / troy ounce (+0.05%)
TASI: 8,411.94 (+0.70%) (YTD: +7.48%)
ADX: 5,072.50 (+0.44%) (YTD: +3.20%)
DFM: 2,776.56 (+0.42%) (YTD: +9.76%)
KSE Premier Market: 6,932.09 (+0.08%)
QE: 10,418.67 (-0.07%) (YTD: +1.16%)
MSM: 3,890.55 (+0.62%) (YTD: -10.20%)
BB: 1,607.01 (+0.19%) (YTD: +20.17%)