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Sunday, 24 April 2016

BY THE NUMBERS

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USD CBE auction (Tuesday, 19 April): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Saturday, 23 April): 10.80 (-0.95 since Wednesday 20 April, Al Mal)

EGX30 (Thursday): 7,781.45 (-0.24%)
Turnover: EGP 928.30 mn
EGX 30 year-to-date: +11.07%

THE MARKET ON THURSDAY: The EGX30 kicked off the session in the positive territory, reaching as high as 0.6% by mid-session, after which a selling wave hit the index causing it to close 0.2% down. While most of the EGX30’s constituents ended the session in the negative territory, five stocks surged during the day, the most notable of which were Orascom Telecom Media and Technology, United Arab Stevedoring, and index heavyweight CIB. The stocks that were most hard-hit were Amer Group, Global Telecom, and Ezz Steel. At a turnover of EGP 928.30 mn, foreign investors were the sole net buyers of the day. Regionally, Saudi Arabia’s TASI closed up 1.2%, Dubai’s DFM General Index 1.1%, and Abu Dhabi’s ADX General Index 0.9%.

Foreigners:Net long | EGP + 13.2 mn
Regional:Net short | EGP + 3.0 mn
Domestic:Net short | EGP – 10.2 mn

Retail: 60.7% of total trades | 63.8% of buyers | 57.6% of sellers
Institutions: 39.3% of total trades | 36.2% of buyers | 42.4% of sellers

Foreign: 11.6% of total | 12.3% of buyers | 10.9% of sellers
Regional: 17.5% of total | 17.3% of buyers | 17.7% of sellers
Domestic: 70.9% of total | 70.4% of buyers | 71.4% of sellers

WTI: USD 43.73 (-0.48%)
Brent: USD 45.11 (-1.01%)
Gold: USD 1,230.00 / troy ounce (-1.31%)

TASI: 6,587.68 (+1.16%)
ADX: 4,636.75 (+0.89%)
DFM: 3,583.82 (+1.07%)
KSE Weighted Index: 363.68 (-0.30%)
QE: 10,396.25 (+0.28%)
MSM: 5,817.21 (+1.35%)

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