The Market Yesterday
EGP / USD CBE market average: Buy 15.66 | Sell 15.76
EGP / USD at CIB: Buy 15.66 | Sell 15.76
EGP / USD at NBE: Buy 15.68 | Sell 15.78
EGX30 (Tuesday): 14,009 (+0.2%)
Turnover: EGP 532 mn (12% below the 90-day average)
EGX 30 year-to-date: +0.3%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.2%. CIB, the index’s heaviest constituent, ended flat. EGX30’s top performing constituents were Heliopolis Housing up 2.6%, Eastern Company up 1.9%, and Porto Group up 1.7%. Yesterday’s worst performing stocks were Ibnsina Pharma down 2.6%, Orascom Development Egypt down 2.0% and Telecom Egypt down 1.9%. The market turnover was EGP 532 mn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -21.3 mn
Regional: Net Short | EGP -35.2 mn
Domestic: Net Long | EGP +56.5 mn
Retail: 54.2% of total trades | 59.7% of buyers | 48.7% of sellers
Institutions: 45.8% of total trades | 40.3% of buyers | 51.3% of sellers
WTI: USD 50.61 (+1.34%)
Brent: USD 54.96 (+1.76%)
Natural Gas (Nymex, futures prices) USD 1.80 MMBtu, (+0.50%, March 2020 contract)
Gold: USD 1,570.90 / troy ounce (+0.05%)
TASI: 7,895.64 (-0.96%) (YTD: -5.88%)
ADX: 5,073.38 (-0.39%) (YTD: -0.05%)
DFM: 2,742.35 (-0.83%) (YTD: -0.81%)
KSE Premier Market: 6,923.28 (+0.44%)
QE: 10,097.18 (-0.51%) (YTD: -3.15%)
MSM: 4,105.66 (-0.15%) (YTD: +3.13%)
BB: 1,662.92 (+0.18%) (YTD: +3.28%)