BY THE NUMBERS
USD CBE auction (Tuesday, 21 June): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Wednesday, 22 June): 11.07-11.10 (compared to 11.05-11.08 on Tuesday 21 June, local press)
EGX30 (Wednesday): 7,156.49 (-1.3%)
Turnover: EGP 359.7 mn (17% below the 90-day average)
EGX 30 year-to-date: +2.14%
THE MARKET ON WEDNESDAY: The EGX30 fell 1.3% on Wednesday, with most of its constituents ending the day in the red. Global Telecom and EFG Hermes were the only index constituents to close in the positive territory. Edita, Qalaa Holdings, and Egyptian Resorts were the worst performers. At a market turnover of EGP 359.7 mn, foreign investors were the sole net buyers.
Foreigners:Net long | EGP +22.7 mn
Regional:Net short | EGP -5.2 mn
Domestic:Net short | EGP -17.5 mn
Retail: 62.4% of total trades | 63.5% of buyers | 61.4% of sellers
Institutions: 37.6% of total trades | 36.5% of buyers | 38.6% of sellers
Foreign: 17.4% of total | 20.5% of buyers | 14.2% of sellers
Regional: 9.9% of total | 9.2% of buyers | 10.6% of sellers
Domestic: 72.7% of total | 70.3% of buyers | 75.2% of sellers
WTI: USD 48.85 (flat)
Brent: USD 49.88 (-2.06%)
Natural Gas (Nymex, futures prices) USD 2.67 MMBtu, (-3.26%, July 2016 contract)
Gold: USD 1,266.30 / troy ounce (-0.29%)
TASI: 6,532.42 (-0.31%) (YTD: -5.49%)
ADX: 4,497.85 (-0.13%) (YTD: +4.42%)
DFM: 3,375.87 (+0.97%) (YTD: +7.14%)
KSE Weighted Index: 354.27 (-0.60%) (YTD: -7.19%)
QE: 9,919.41 (flat) (YTD: -4.89%)
MSM: 5,788.73 (+0.01%) (YTD: +7.08%)
BB: 1,112.59 (-0.25%) (YTD: -8.50%)