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Monday, 16 May 2016

BY THE NUMBERS

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Pharos Holding - http://www.pharosholding.com/

** 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 (Sunday, 15 May): 10.82-10.85 (-0.10 / 0.13 from Wednesday, 10 May, Al Mal)

EGX30 (Sunday): 7,373.0 (-1.96%)
Turnover: EGP 278.59 mn (36% above the 90-day average)
EGX 30 year-to-date: 5.23%

THE MARKET ON SUNDAY: Egypt’s benchmark index skidded 1.96% on the day, with not a single stock ending in the green. The index’s worst performers were Credit Agricole, TMGH, and Emaar Misr. At a market turnover of EGP 278.59 mn, foreign investors were the sole net buyers. Regionally, Saudi’s TASI was flat, while Dubai’s General Index was down 1.2% and Abu Dhabi’s General Index 0.3%.

Foreigners:Net long | EGP +10.1 mn
Regional:Net short | EGP +1.7 mn
Domestic:Net short | EGP -8.4 mn

Retail: 78.9% of total trades | 81.1% of buyers | 76.7% of sellers
Institutions: 21.1% of total trades | 18.9% of buyers | 23.3% of sellers

Foreign: 6.0% of total | 7.8%of buyers | 4.2% of sellers
Regional: 6.1% of total | 5.8% of buyers | 6.4% of sellers
Domestic: 87.9% of total | 86.4% of buyers | 89.4% of sellers

WTI: USD 46.27 (+0.13%)
Brent: USD 47.94 (+0.23%)
Gold: USD 1,275.70 / troy ounce (+0.24%)

TASI: 6,692.6 (flat)
ADX: 4,374.2 (-0.3%)
DFM: 3,304.6 (-1.2%)
KSE Weighted Index: 361.9 (-0.2%)
QE: 9,919.6 (-0.2%)
MSM: 5,971.3 (flat)

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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