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Wednesday, 27 April 2016

BY THE NUMBERS

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

USD CBE auction (Tuesday, 26 April): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Tuesday, 26 April): 10.40 (unchanged since Saturday, 23 April, Al Masry Al Youm)

EGX30 (Tuesday): 7,886.82 (1.85%)
Turnover: EGP 793.13 mn (83% above the 90-day average)
EGX 30 year-to-date: 12.57%

THE MARKET ON TUESDAY: The EGX30 gained 1.9% on Tuesday, pulled up by the 7.1% gain posted by heavyweight CIB, which was the best-performing index constituent of the day. Other top-gaining stocks were Edita Food Industries and EFG Hermes Holding, while the worst-performing EGX30 stocks were Telecom Egypt, Oriental Weavers, and South Valley Cement. At a market turnover of EGP 793.1 mn, local investors were the sole net sellers. Regionally, Saudi Arabia’s TASI closed down 1.6% and Abu Dhabi’s ADX General Index 1.1%, while Dubai’s DFM General Index rose 0.2%.

Foreigners:Net long | EGP + 116.9 mn
Regional:Net long | EGP + 12.5 mn
Domestic:Net short | EGP – 129.4 mn

Retail: 53.8% of total trades | 48.7% of buyers | 59.0% of sellers
Institutions: 46.2% of total trades | 51.3% of buyers | 41.0% of sellers

Foreign: 30.3% of total | 37.6% of buyers | 23.0% of sellers
Regional: 11.5% of total | 12.3% of buyers | 10.7%of sellers
Domestic: 58.2% of total | 50.1% of buyers | 66.3% of sellers

WTI: USD 44.53 (+3.70%)
Brent: USD 46.4 (+3.73%)
Gold: USD 1,244.70 / troy ounce (+0.49%)

TASI: 6,757.1 (-1.6%)
ADX: 4,584.8 (-1.1%)
DFM: 3,563.3 (0.2%)
KSE Weighted Index: 365.3 (0.4%)
QE: 10,177.6 (-0.1%)
MSM: 5,960.6 (0.6%)

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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