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Monday, 18 May 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.70 | Sell 15.80
EGP / USD at CIB: Buy 15.72 | Sell 15.82

EGP / USD at NBE: Buy 15.70 | Sell 15.80

EGX30 (Sunday): 10,357 (+0.7%)
Turnover: EGP 371 mn (47% below the 90-day average)
EGX 30 year-to-date: -25.8%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.7%. CIB, the index’s heaviest constituent, ended up 0.7%. EGX30’s top performing constituents were GB Auto up 3.2%, Eastern Company up 2.9%, and Cleopatra Hospitals up 2.9%. Yesterday’s worst performing stocks were Orascom Construction down 1.3%, Dice down 1.2% and Ibnsina Pharma down 0.9%. The market turnover was EGP 371 mn, and regional investors were the sole net buyers.

Foreigners: Net Short | EGP -45.0 mn
Regional: Net Long | EGP +4.1 mn
Domestic: Net Short | EGP -49.1 mn

Retail: 67.3% of total trades | 70.8% of buyers | 63.9% of sellers
Institutions: 32.7% of total trades | 29.2% of buyers | 36.1% of sellers

WTI: USD 29.43 (+6.79%)
Brent: USD 32.50 (+4.40%)

Natural Gas (Nymex, futures prices) USD 1.65 MMBtu, (-2.08%, Jun 2020 contract)
Gold: USD 1,756.30 / troy ounce (+0.88%)

TASI: 6,824.70 (+1.60%) (YTD: -18.65%)
ADX: 4,065.03 (-0.05%) (YTD: -19.91%)
DFM: 1,911.83 (+0.92%) (YTD: -30.85%)
KSE Premier Market: 5,147.04 (+2.44%)
QE: 8,699.45 (-0.41%) (YTD: -16.56%)
MSM: 3,437.50 (+0.46%) (YTD: -13.66%)
BB: 1,246.14 (+0.44%) (YTD: -22.61%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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