BY THE NUMBERS
USD CBE auction (Tuesday, 3 May): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Tuesday, 10 May): 10.95 (+0.10 from Sunday, 8 May, Al Mal)
EGX30 (Monday): 7,646.02 (-0.98%)
Turnover: EGP 548.3 mn (26% above the 90-day average)
EGX 30 year-to-date: +9.13%
THE MARKET ON MONDAY: The EGX30 fell 0.98% on Monday to 7646.02. South Valley Cement, Eastern Company, and Oriental Weavers were the top performing stocks, while Porto Group was the index’s worst performer. With a total value traded of EGP 548.3 mn, Arab and retail investors were buyers while foreign, local and institutional investors were sellers. Regional markets came in mixed, with the TASI up 0.3% and ADX 0.6% while the DFM fell 0.3%.
Foreigners:Net short | EGP – 30.5 mn
Regional:Net long | EGP + 54.8 mn
Domestic:Net short | EGP – 24.3 mn
Retail: 62.0% of total trades | 62.3% of buyers | 61.6% of sellers
Institutions: 38.0% of total trades | 37.7% of buyers | 38.4% of sellers
Foreign: 15.1% of total | 12.4% of buyers | 17.9% of sellers
Regional: 11.7% of total | 16.7% of buyers | 6.7% of sellers
Domestic: 73.2% of total | 70.9% of buyers | 75.4% of sellers
WTI: USD 43.29 (-5.29%)
Brent: USD 43.46 (-6.03%)
Gold: USD 1,265.60 / troy ounce (-1.72%)
TASI: 6,693.9 (+0.3%)
ADX: 4,476.5 (+0.6%)
DFM: 3,316.0 (-0.3%)
KSE Weighted Index: 362.8 (-0.1%)
QE: 9,855.3 (+1.3%)
MSM: 6,019.5 (+0.4%)