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Wednesday, 4 May 2016

BY THE NUMBERS

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USD CBE auction (Tuesday, 3 May): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Tuesday, 3 May): 11.05 (+0.07 since Monday, 2 May, Reuters)

EGX30 (Tuesday): 7,531.6 (-3.11%)
Turnover: EGP 694.6 mn (60% above the 90-day average)
EGX 30 year-to-date: 7.5%

THE MARKET ON TUESDAY: The EGX30 fell 3.11% on Tuesday to 7,531.6 points with shares worth EGP 694.6 mn changing hands. All EGX30 constituents ended the day in the red yesterday. Foreign and retail investors investors were buyers while local, institutional, and Arab investors were sellers. Regional markets followed suit, with the TASI down 1.2%, ADX 2.0%, and DFM 1.8%.
Foreigners:Net long | EGP + 82.2 mn
Regional:Net short | EGP – 23.7 mn
Domestic:Net short | EGP – 58.5 mn

Retail: 51.2% of total trades | 55.2% of buyers | 47.1% of sellers
Institutions: 48.8% of total trades | 44.8% of buyers | 52.9% of sellers

Foreign: 21.2% of total | 27.2% of buyers | 15.3% of sellers
Regional: 14.0% of total | 12.3% of buyers | 15.7% of sellers
Domestic: 64.8% of total | 60.5% of buyers | 69.0% of sellers

WTI: USD 43.76 (-2.39%)
Brent: USD 45.20 (-1.57%)
Gold: USD 1,287.80 / troy ounce (-0.39%)

TASI: 6,638.2 (-1.2%)
ADX: 4,382.1 (-2.0%)
DFM: 3,324.0 (-1.8%)
KSE Weighted Index: 363.1 (-0.1%)
QE: 9,939.0 (-1.5%)
MSM: 5,984.0 (+0.5%)

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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