BY THE NUMBERS
USD CBE auction (Tuesday, 26 April): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Monday, 2 May): 10.98 (+0.18 since Wednesday, 27 April, Al Mal)
EGX30 (Thursday): 7,773.23 (-1.15%)
Turnover: EGP 585.7 mn
EGX 30 year-to-date: +10.95%
THE MARKET ON THURSDAY: The EGX30 ended the day 1.2% down, with the top-performing constituents being Edita Food Industries, Eastern Company, and Porto Group and the worst performers being Emaar Misr for Development, United Arab Stevedoring, and Madinet Nasr for Housing and Development. At a market turnover of EGP 585.7 mn, foreign investors were the sole net buyers. Regional indices weren’t much better, with Saudi Arabia’s TASI down 0.2%, Dubai’s DFM General Index 0.4%, and Abu Dhabi’s ADX General Index 1.0%.
Foreigners:Net long | EGP + 135.5 mn
Regional:Net short | EGP – 29.2 mn
Domestic:Net short | EGP – 106.3 mn
Retail: 57.0% of total trades | 50.1% of buyers | 63.9% of sellers
Institutions: 43.0% of total trades | 49.9% of buyers | 36.1% of sellers
Foreign: 28.2% of total | 39.8% of buyers | 16.6% of sellers
Regional: 8.6% of total | 6.1% of buyers | 11.1% of sellers
Domestic: 63.2% of total | 54.1% of buyers | 72.3% of sellers
WTI: USD 44.83 (-0.77%)
Brent: USD 45.92 (-2.84%)
Gold: USD 1,292.80 / troy ounce (+3.70%)
TASI: 6,716.49 (-0.56%)
ADX: 4,469.81 (-0.81%)
DFM: 3,385.31 (-1.80%)
KSE Weighted Index: 363.57 (+0.10%)
QE: 10,092.07 (-0.94%)
MSM: 5,952.10 (+0.07%)