BY THE NUMBERS
USD CBE auction (Tuesday, 31 May): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Tuesday, 31 May): 11.00 (compared with 11.00-11.04 on (Sunday, 29 May, Reuters)
EGX30 (Thursday): 7,617.88 (+0.6%)
Turnover: EGP 534.5 mn (23% above the 90-day average)
EGX 30 year-to-date: +8.73%
THE MARKET ON THURSDAY: The EGX30 climbed for a third consecutive session, closing 0.6% higher at 7,618 points. Cleopatra Hospital was in the limelight on its first trading day, gaining 6.9%. Top gainers included Porto Group, SODIC, and South Valley Cement while the poorest performers were GB Auto, Arabia Investments, and Oriental Weavers. Market turnover came in at EGP 534.5 mm and foreign investors were the sole net buyers. Regionally, markets were mixed. The TASI ended 0.5% higher and Dubai’s DFM fell 1.6% and Abu Dhabi’s ADX 0.7%.
Foreigners:Net long | EGP +85.2 mn
Regional:Net short | EGP +22.4 mn
Domestic:Net short | EGP -62.8 mn
Retail: 63.5% of total trades | 54.8% of buyers | 72.3% of sellers
Institutions: 36.5% of total trades | 45.2% of buyers | 27.7% of sellers
Foreign: 19.6% of total | 27.6% of buyers | 11.7% of sellers
Regional: 7.3% of total | 5.2% of buyers | 9.3% of sellers
Domestic: 73.1% of total | 67.2% of buyers | 79.0% of sellers
WTI: USD 48.62 (-0.59%)
Brent: USD 49.64 (-0.08%)
Gold: USD 1,242.90 / troy ounce (+2.28%)
Nymex (futures prices) USD 2.4 MMBtu, (+0.84%, July 2016 contract)
TASI: 6,488.8 (+0.5%) (YTD: -6.12%)
ADX: 4,254.8 (-0.7%) (YTD: -1.22%)
DFM: 3,263.0 (-1.6%) (YTD: +3.55%)
KSE Weighted Index: 355.4 (+0.1%) (YTD: -6.90%)
QE: 9,532.6 (-0.4%) (YTD: +8.60%)
MSM: 5,819.8 (flat) (YTD: +7.65%)
BB: 1,116.2 (+1.0%) (YTD: -8.19%)