BY THE NUMBERS
USD CBE auction (Tuesday, 26 July): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Saturday, 30 July): 12.00-12.30 (down from 12.80-13.00 on Wednesday, 27 July, Al Mal)
EGX30 (Thursday): 8,030.9 (+1.5%)
Turnover: EGP 783.5 mn (80% above the 90-day average)
EGX 30 year-to-date: +14.6%
THE MARKET ON THURSDAY: The EGX30 opened the session in the negative territory, but swung into the positive territory within the first hour of trading. The 6.6% surge gained by index heavyweight CIB pulled the EGX30 up. Eastern Company, up 2.6%, and Orascom Construction, up 1.6%, were also among the top-gaining index constituents. The worst-performing index members were Porto Group, Juhayna Food Industries, and Oriental Weavers, which declined by 7.1%, 6.7%, and 5.3%, respectively. Total turnover for the day stood at EGP 783.5 mm, with local investors the sole net sellers of the day.
Foreigners: Net long | EGP +56.0 mn
Regional: Net long | EGP +10.0 mn
Domestic: Net short | EGP -66.0 mn
Retail: 52.8% of total trades | 50.4% of buyers | 55.2% of sellers
Institutions: 47.2% of total trades | 49.6% of buyers | 44.8% of sellers
Foreign: 22.7% of total | 26.3% of buyers | 19.0% of sellers
Regional: 7.3% of total | 7.9% of buyers | 6.7% of sellers
Domestic: 70.0% of total | 65.8% of buyers | 74.3% of sellers
WTI: USD 41.60 (+1.12%)
Brent: USD 43.53 (+0.69%)
Natural Gas (Nymex, futures prices) USD 2.88 MMBtu, (+0.10%, Sep 2016 contract)
Gold: USD 1,357.9 / troy ounce (+0.03%)
TASI: 6,335.6 (-1.5%) (YTD: -8.3%)
ADX: 4,593.6 (-0.1%) (YTD: +6.7%)
DFM: 3,519.3 (+0.3%) (YTD: +11.7%)
KSE Weighted Index: 352.2 (+0.2%) (YTD: -7.7%)
QE: 10,652.3 (+0.4%) (YTD: +2.1%)
MSM: 5,854.4 (+0.6%) (YTD: +8.3%)
BB: 1,160.1 (+0.2%) (YTD: -4.6%)