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Tuesday, 31 May 2016

BY THE NUMBERS

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USD CBE auction (Tuesday, 24 May): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Sunday, 30 May): 11.00-11.04 (compared with 11.00 on Tuesday, 24 May, Al Mal)

EGX30 (Monday): 7,452.88 (-0.44%)
Turnover: EGP 382.5 mn (12% below the 90-day average)
EGX 30 year-to-date: +6.38%

THE MARKET ON MONDAY: EGX30 ended the day in negative territory during today’s session, losing 0.4% by the end of the day. Oriental Weavers, Telecom Egypt and EFG Hermes were the benchmark index’s top performing stocks, while Amer Group, Edita and Porto Holding were the worst performing constituents. At a market turnover of EGP 382.5 mn, local investors were the sole net buyers of the day. Regionally, Saudi Arabia’s TASI and Dubai’s DFM General Index inched down 1.1 % and 1.6%, respectively.

Foreigners:Net short | EGP – 34.4 mn
Regional:Net short | EGP – 15.7 mn
Domestic:Net long | EGP + 50.1 mn

Retail: 62.2% of total trades | 62.3% of buyers | 62.2% of sellers
Institutions: 37.8% of total trades | 37.3% of buyers | 37.8% of sellers

Foreign: 14.8% of total | 10.3% of buyers | 19.3% of sellers
Regional: 6.4% of total | 4.4% of buyers | 8.5% of sellers
Domestic: 78.8% of total | 85.3% of buyers | 72.2% of sellers

WTI: USD 49.55 (+0.45%)
Brent: USD 49.69 (-0.14%)
Gold: USD 1,216.00 / troy ounce (-0.06%)
Nymex (futures prices) USD 2.17 MMBtu, (+0.05%, July 2016 contract)

TASI: 6,359.9 (-1.1%) (YTD: -7.98%)
ADX: 4,259.5 (-0.9%) (YTD: -1.11%)
DFM: 4,259.5 (-1.36%) (YTD: +4.93%)
KSE Weighted Index: 356.2 (-0.20%) (YTD: -6.68%)
QE: 9,552.0 (-1.30%) (YTD: -8.41%)
MSM: 5,838.6 (-0.90%) (YTD: 8.00%)
BB: 1,094.41 (+0.22%) (YTD: -9.99%)

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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