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Thursday, 14 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 15.80
EGP / USD at NBE: Buy 15.68 | Sell 15.78

EGX30 (Wednesday): 10,396 (-1.8%)
Turnover: EGP 1.1 bn (57% above the 90-day average)
EGX 30 year-to-date: -25.5%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 1.8%. CIB, the index’s heaviest constituent, ended down 1.7%. EGX30’s top performing constituents were Ibnsina Pharma up 1.3%, Crédit Agricole up 0.9%, and Heliopolis Housing up 0.6%. Yesterday’s worst performing stocks were Elsewedy Electric down 7.7%, Ezz Steel down 6.3% and Porto Group down 4.4%. The market turnover was EGP 1.1 bn, and regional investors were the sole net buyers.

Foreigners: Net Short | EGP -24.4 mn
Regional: Net Long | EGP +779.3 mn
Domestic: Net Short | EGP -755.0 mn

Retail: 26.9% of total trades | 28.2% of buyers | 25.6% of sellers
Institutions: 73.1% of total trades | 71.8% of buyers | 74.4% of sellers

WTI: USD 25.29 (-1.9%)
Brent: USD 29.19 (-2.6%)

Natural Gas (Nymex, futures prices) USD 1.616 MMBtu, (-6.1%, June 2020 contract)
Gold: USD 1,713.98 / troy ounce (-0.16%)

TASI: 6,721.24 (+0.55%) (YTD: -19.88%)
ADX: 4,058.95 (-1.82%) (YTD: -20.03%)
DFM: 1,921.15 (+1.53%) (YTD: -30.52%)
KSE Premier Market: 5,034.62 (-1.61%
QE: 8,801.70 (-1.02%) (YTD: -15.58%)
MSM: 3,446.70 (-0.12%) (YTD: -13.43%)
BB: 1,232.40 (-0.50%) (YTD: -23.46%)

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