The Market Yesterday
EGP / USD CBE market average: Buy 15.58 | Sell 15.71
EGP / USD at CIB: Buy 15.58 | Sell 15.68
EGP / USD at NBE: Buy 15.61 | Sell 15.71
EGX30 (Monday): 13,800 (+0.5%)
Turnover: EGP 565 mn (4% below the 90-day average)
EGX 30 year-to-date: -1.2%
THE MARKET ON MONDAY: The EGX30 ended yesterday’s session up 0.5%. CIB, the index’s heaviest constituent, ended up 0.6%. EGX30’s top performing constituents were Egyptian Resorts up 3.2%, Porto Group up 2.9%, and Sidi Kerir Petrochemicals up 2.5%. Yesterday’s worst performing stocks were Dice down 2.1%, Egypt Kuwait Holding down 0.9% and Heliopolis Housing down 0.7%. The market turnover was EGP 565 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -23.5 mn
Regional: Net Short | EGP -107.0 mn
Domestic: Net Long | EGP +130.5 mn
Retail: 40.2% of total trades | 35.7% of buyers | 44.8% of sellers
Institutions: 59.8% of total trades | 64.3% of buyers | 55.2% of sellers
WTI: USD 51.90 (-0.29%)
Brent: USD 57.67 (+0.61%)
Natural Gas (Nymex, futures prices) USD 1.93 MMBtu, (+5.06%, Mar 2020 contract)
Gold: USD 1,588.30 / troy ounce (+0.12%)
TASI: 7,872.55 (+0.45%) (YTD: -6.16%)
ADX: 5,082.46 (+0.39%) (YTD: +0.13%)
DFM: 2,749.28 (+0.53%) (YTD: -0.56%)
KSE Premier Market: 6,873.88 (+0.36%)
QE: 9,709.10 (-0.41%) (YTD: -6.87%)
MSM: 4,164.86 (+0.12%) (YTD: +4.61%)
BB: 1,662.79 (+0.06%) (YTD: +3.27%)