BY THE NUMBERS
USD CBE auction (Tuesday, 17 May): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Thursday, 19 May): 10.95 (compared with 10.80 on Wednesday, 18 May, Al Mal)
EGX30 (Sunday): 7,494.76 (-0.06%)
Turnover: EGP 379.2 mn
EGX 30 year-to-date: +6.98%
THE MARKET ON SUNDAY: The EGX30 kicked off Sunday’s session on a positive note, but the buying appetite didn’t survive for long, with the index ending the day down a minor 0.06%. Top gainers were Elsaeed Contracting, Global Telecom, and Palm Hills, while Porto Group, TMG Holding, and Emaar Misr were among the more notable losers. At a market turnover of EGP 379.2 mn, local investors were the sole net buyers during the day. Other indices in the region didn’t fare much better, with the Saudi Tadawul falling 1.0%, the DFM 0.7%, and ADX 1.1%.
Foreigners:Net short | EGP – 11.3 mn
Regional:Net short | EGP – 0.7 mn
Domestic:Net long | EGP + 12.0 mn
Retail: 63.2% of total trades | 65.7% of buyers | 60.7% of sellers
Institutions: 36.8% of total trades | 34.3% of buyers | 39.3% of sellers
Foreign: 8.6% of total | 7.1% of buyers | 10.1% of sellers
Regional: 2.7% of total | 2.6% of buyers | 2.8% of sellers
Domestic: 88.7% of total | 90.3% of buyers | 87.1% of sellers
WTI: USD 48.28 (-0.27%)
Brent: USD 48.72 (flat)
Gold: USD 1,251.00 / troy ounce (-0.15%)
TASI: 6,628.95 (-0.99%)
ADX: 4,187.59 (-1.13%)
DFM: 3,208.52 (-0.66%)
KSE Weighted Index: 355.83 (-0.25%)
QE: 9,638.26 (-1.79%)
MSM: 5,931.09 (flat)