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Monday, 9 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 (Saturday, 8 May): 10.95 (-0.15 since Wednesday, 4 May, Al Mal)

EGX30 (Sunday): 7,571.7 (+0.32%)
Turnover: EGP 369.2 mn (15% below the 90-day average)
EGX 30 year-to-date: +8.07%

THE MARKET ON SUNDAY: The EGX30 started the week on a positive note, ending the day up 0.32%. The EGX30’s best performers were Edita, Telecom Egypt, and EFG Hermes, while the worst performers were Amer Group, United Arab Stevedoring, and Global Telecom. At a market turnover of EGP 369.2 mn, foreign investors were the sole net buyers. Regional markets followed suit, with the TASI up 0.24%, ADX 0.47%, and DFM 0.55%.

Foreigners:Net long | EGP + 13.2 mn
Regional:Net short | EGP – 6.5 mn
Domestic:Net short | EGP – 6.7 mn

Retail: 76.7% of total trades | 74.0% of buyers | 79.3% of sellers
Institutions: 23.3% of total trades | 26.0% of buyers | 20.7% of sellers

Foreign: 5.1% of total | 6.8% of buyers | 3.3% of sellers
Regional: 6.6% of total | 5.8% of buyers | 7.5% of sellers
Domestic: 88.3% of total | 87.4% of buyers | 89.2% of sellers

WTI: USD 45.71 (+2.35%)
Brent: USD 46.25 (+1.94%)
Gold: USD 1,287.70 / troy ounce (-0.49%)

TASI: 6,672.48 (+0.24%)
ADX: 4,449.32 (+0.47%)
DFM: 3,325.80 (+0.55%)
KSE Weighted Index: 363.05 (+0.12%)
QE: 9,730.10 (-0.19%)
MSM: 5,995.61 (+0.27%)

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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