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Sunday, 3 May 2020

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 15.69 | Sell 15.79
EGP / USD at CIB: Buy 15.70 | Sell 15.60
EGP / USD at NBE: Buy 15.68 | Sell 15.78

EGX30 (Thursday): 10,554 (+0.1%)
Turnover: EGP 1.0 bn (49% above the 90-day average)
EGX 30 year-to-date: -24.4%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.1%. CIB, the index’s heaviest constituent, ended up 0.5%. EGX30’s top performing constituents were AMOC up 4.8%, Juhayna up 3.2%, and Qalaa Holdings up 1.8%. Thursday’s worst performing stocks were CIRA (down 4.3%), Egyptian Resorts (-2.8%) and Dice (- 2.2%). Market turnover was EGP 1 bn and local investors were the sole net sellers.

Foreigners: Net Short | EGP -112.2 mn
Regional: Net Short | EGP -21.2 mn
Domestic: Net Long | EGP +133.3 mn

Retail: 58.8% of total trades | 56.1% of buyers | 61.6% of sellers
Institutions: 41.2% of total trades | 43.9% of buyers | 38.4% of sellers

WTI: USD 19.78 (+4.99%)
Brent: USD 26.44 (-0.15%)

Natural Gas (Nymex, futures prices) USD 1.89 MMBtu, (-3.03%, Jun 2020)
Gold: USD 1,700.90 / troy ounce (+0.40%)

TASI: 7,112.90 (+1.83%) (YTD: -15.21%)
ADX: 4,230.37 (+0.20%) (YTD: -16.66%)
DFM: 2,026.61 (+1.12%) (YTD: -26.70%)
KSE Premier Market: 5,356.25 (+1.72%)
QE: 8,764.05 (+0.72%) (YTD: -15.94%)
MSM: 3,539.46 (+0.02%) (YTD: -11.10%)
BB: 1,310.73 (+0.16%) (YTD: -18.60%)

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