The Market Yesterday
EGP / USD CBE market average: Buy 15.66 | Sell 15.78
EGP / USD at CIB: Buy 15.66 | Sell 15.76
EGP / USD at NBE: Buy 15.65 | Sell 15.75
EGX30 (Wednesday): 11,194 (-0.1%)
Turnover: EGP 717 mn (20% above the 90-day average)
EGX 30 year-to-date: -19.8%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.2%. EGX30’s top performing constituents were Dice up 8.5%, GB Auto up 3.2%, and Elsewedy Electric up 2.5%. Yesterday’s worst performing stocks were CIRA down 6.5%, Qalaa Holding down 2.9% and AMOC down 2.2%. The market turnover was EGP 717 mn, and foreign investors were the sole net sellers.
Foreigners: Net short | EGP -80.2 mn
Regional: Net long | EGP +1.8 mn
Domestic: Net long | EGP +78.3 mn
Retail: 53.5% of total trades | 50.5% of buyers | 56.5% of sellers
Institutions: 46.5% of total trades | 49.5% of buyers | 43.5% of sellers
WTI: USD 32.87 (-4.34%)
Brent: USD 35.76 (-3.92%)
Natural Gas (Nymex, futures prices) USD 1.88 MMBtu, (-1.13%, April contract)
Gold: USD 1,636.00 / troy ounce (-1.46%)
TASI: 6,552 (-3.10%) (YTD: -21.89%)
ADX: 4,235 (-0.64%) (YTD: -16.55%)
DFM: 2,207 (-1.04%) (YTD: -20.14%)
KSE Premier Market: 5,246 (+1.39%)
QE: 8,613 (+2.14%) (YTD: -17.38%)
MSM: 3,832 (+0.90%) (YTD: -3.75%)
BB: 1,439 (-0.27%) (YTD: -7.51%)