BY THE NUMBERS
USD CBE auction (Tuesday, 31 May): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Monday, 6 June): 10.60 (-0.40 from Tuesday, 31 May, Al Ahram)
EGX30 (Monday): 7,639.59 (+1.01%)
Turnover: EGP 536.6 mn
EGX 30 year-to-date: +9.04%
THE MARKET ON MONDAY: EGX30 closed a tad below its highest level of the day at 1.0% up. Other EGX indices came in mixed as the equally weighted EGX50 closed flat while the broader EGX70 ended the session 0.8% down. Today’s most significant gainers were Orascom Construction, EFG Hermes, and Elsewedy Electric. Meanwhile, Qalaa Holdings, Edita, and Arabia Investments came in as today’s biggest losers. At a market turnover of EGP 536.6 mn, foreign investors were the sole net buyers of the day. Regionally, Saudi Arabia’s TASI jumped 1.0% while Dubai’s DFM General Index closed the session marginally in the red.
Foreigners:Net long | EGP + 168.1 mn
Regional:Net short | EGP – 24.2 mn
Domestic:Net short | EGP – 143.9 mn
Retail: 41.7% of total trades | 34.0% of buyers | 49.4% of sellers
Institutions: 58.3% of total trades | 66.0% of buyers | 50.6% of sellers
Foreign: 40.6% of total | 56.3% of buyers | 25.0% of sellers
Regional: 5.9% of total | 3.7% of buyers | 8.2% of sellers
Domestic: 53.5% of total | 40.0% of buyers | 66.8% of sellers
WTI: USD 49.67 (+2.16%)
Brent: USD 50.55 (+1.83%)
Gold: USD 1,247.50 / troy ounce (+0.37%)
Nymex (futures prices) USD 2.44 MMBtu, (+1.67%, July 2016 contract)
TASI: 6,477.07 (+1.00%) (YTD: -6.29%)
ADX: 4,313.31 (+0.41%) (YTD: +0.14%)
DFM: 3,279.23 (-0.18%) (YTD: +4.07%)
KSE Weighted Index: 354.93 (+0.42%) (YTD: -7.01%)
QE: 9,638.95 (+0.71%) (YTD: -7.58%)
MSM: 5,816.64 (-0.03%) (YTD: +7.59%)
BB: 1,116.39 (+0.12%) (YTD: -8.18%)