BY THE NUMBERS
** Pharos Holding is proud to be the platinum sponsor of the Egyptian Capital Markets Association’s 20th anniversary event at the Four Seasons Nile Plaza Hotel, Cairo, Egypt on Tuesday, 17 May 2016.
USD CBE auction (Tuesday, 10 May): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Wednesday, 10 May): 10.95 (+0.10 from Sunday, 8 May, Reuters)
EGX30 (Tuesday): 7,621.91 (-0.32%)
Turnover: EGP 467.73 mn (7% above the 90-day average)
EGX 30 year-to-date: 8.79%
THE MARKET ON TUESDAY: EGX30 traded in negative territory at the beginning of the session and managed to climb into positive territory, only to later slide and close 0.3% down. South Valley Cement, GB Auto, and Oriental Weavers were the only constituents to close in positive territory. The worst-performing index members were Emaar Misr for Development, Heliopolis Company for Housing and Development, and Ezz Steel. At a market turnover of EGP 467.7 mn, local investors were the sole net sellers of the day. Regionally, Saudi Arabia’s TASI fell 0.7%, Dubai’s DFM General Index 0.1%, and Abu Dhabi’s ADX General Index 1.1%.
Foreigners:Net long | EGP + 19.7 mn
Regional:Net long | EGP + 34.6 mn
Domestic:Net short | EGP – 54.3 mn
Retail: 65.5% of total trades | 62.7% of buyers | 68.3% of sellers
Institutions: 34.5% of total trades | 37.3% of buyers | 31.7% of sellers
Foreign: 15.0% of total | 17.1% of buyers | 12.9% of sellers
Regional: 8.1% of total | 11.8% of buyers | 4.4% of sellers
Domestic: 76.9% of total | 71.1% of buyers | 82.7% of sellers
WTI: USD 44.60 (+3.03%)
Brent: USD 45.41 (+4.49%)
Gold: USD 1,268.20 / troy ounce (+0.21%)
TASI: 6,644.8 (-0.7%)
ADX: 4,427.4 (-1.1%)
DFM: 3,312.4 (-0.1%)
KSE Weighted Index: 362.2 (-0.2%)
QE: 9,883.6 (0.3%)
MSM: 5,978.9 (-0.7%)