The Market Yesterday
EGP / USD CBE market average: Buy 15.70 | Sell 15.80
EGP / USD at CIB: Buy 15.69 | Sell 15.79
EGP / USD at NBE: Buy 15.71 | Sell 15.81
EGX30 (Sunday): 14,108 (+0.02%)
Turnover: EGP 466 mn (24% below the 90-day average)
EGX 30 year-to-date: +1.1%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.02%. CIB, the index’s heaviest constituent, ended down 0.2%. EGX30’s top performing constituents were Dice up 3.9%, SODIC up 2.6%, and Ibnsina Pharma up 2.6%. Yesterday’s worst performing stocks were Telecom Egypt down 2.1%, KIMA down 1.6% and GB Auto down 1.2%. The market turnover was EGP 466 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +14.7 mn
Regional: Net Short | EGP -15.7 mn
Domestic: Net Long | EGP +1.0 mn
Retail: 65.5% of total trades | 67.4% of buyers | 63.7% of sellers
Institutions: 34.5% of total trades | 32.6% of buyers | 36.3% of sellers
WTI: USD 50.06 (-0.52%)
Brent: USD 54.08 (-0.72%)
Natural Gas (Nymex, futures prices) USD 1.79 MMBtu, (-3.55%, March 2020 contract)
Gold: USD 1,573.50 / troy ounce (+0.01%)
TASI: 7,952.52 (-1.25%) (YTD: -5.21%)
ADX: 5,090.21 (+0.06%) (YTD: +0.28%)
DFM: 2,752.41 (-0.62%) (YTD: -0.45%)
KSE Premier Market: 6,958.86 (-0.36%)
QE: 10,149.03 (-0.54%) (YTD: -2.56%)
MSM: 4,126.05 (-0.07%) (YTD: +3.64%)
BB: 1,658.58 (+0.15%) (YTD: +3.01%)