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Tuesday, 26 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 (Monday, 25 April): 10.40 (-0.40 since Saturday, 23 April, Al Masry Al Youm)

EGX30 (Sunday): 7,743.41 (-0.49%)
Turnover: EGP 364.75 mn (16% below the 90-day average)
EGX 30 year-to-date: 10.52%

THE MARKET ON SUNDAY: The EGX30 kicked off the first trading session of the week on a strong negative note as it fell 0.9% twenty minutes into the session. Later in the day, the selling pressure softened as the index managed to pare some of its early losses and end the day 0.49% down. Orascom Construction, Arabia Investments, and Credit Agricole were among the EGX30’s top gainers while Global Telecom, Edita, and East­ern Company were among the index’s worst performers. At a turnover of EGP 364.75 mn, local investors were the sole net sellers. Regionally, the TASI was up 0.6% and ADX 0.3% while the DFM fell 0.7%.

Foreigners:Net long | EGP + 2.9 mn
Regional:Net long | EGP + 19.1 mn
Domestic:Net short | EGP – 22.0 mn

Retail: 79.6% of total trades | 81.0% of buyers | 78.2% of sellers
Institutions: 20.4% of total trades | 19.0% of buyers | 21.8% of sellers

Foreign: 9.5% of total | 9.9% of buyers | 9.1% of sellers
Regional: 8.4% of total |11.0% of buyers | 5.8% of sellers
Domestic: 82.1% of total | 79.1% of buyers | 85.1% of sellers

WTI: USD 42.94 (-1.81%)
Brent: USD 44.73 (-0.84%)
Gold: USD 1,238.60 / troy ounce (+0.70%)

TASI: 6,868.1 (+0.6%)
ADX: 4,633.2 (+0.3%)
DFM: 3,557.5 (-0.7%)
KSE Weighted Index: 364.0 (-0.4%)
QE: 10,184.5 (-0.8%)
MSM: 5,926.1 (+0.6%)

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