BY THE NUMBERS
USD CBE auction (Tuesday, 28 June): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Monday, 11 July): 11.40 (against 11.12 on Sunday, 10 July)
EGX30 (Monday): 7,506.18 (-0.15%)
Turnover: EGP 834.67 mn (90% above the 90-day average)
EGX 30 year-to-date: +7.13%
THE MARKET ON MONDAY: EGX30 ended the session marginally in the negative territory; 0.2% down. EGX30’s largest constituent, CIB, along with Global Telecom, were the sole EGX30 constituents to end the session in the green territory on high volumes. The former rose 0.5% while the latter jumped 2.9%. On the flip side, today’s biggest losers were Juhayna, TMG Holding, and GB Auto as each plunged 5.7%, 5.5%, and 5.4%, respectively. On the regional front, major regional indices came in mixed as Dubai’s General Index ended the marginally in the green territory while Abu Dhabi’s General Index fell 0.6%. At a market turnover of EGP 834.7 mn, regional investors were the sole net sellers during the day.
Foreigners: Net Long | EGP +5.9 mn
Regional: Net Short | EGP -50.7 mn
Domestic: Net Long | EGP +44.8 mn
Retail: 52.5% of total trades | 55.6% of buyers | 49.4% of sellers
Institutions: 47.5% of total trades | 44.4% of buyers | 50.6% of sellers
Foreign: 24.3% of total | 24.7% of buyers | 24.0% of sellers
Regional: 9.2% of total | 6.1% of buyers | 12.2% of sellers
Domestic: 66.5% of total | 69.2% of buyers | 63.8% of sellers
WTI: USD 44.94 (+0.40%)
Brent: USD 46.48 (+0.50%)
Natural Gas (Nymex, futures prices) USD 2.71 MMBtu, (+0.37%, August contract)
Gold: USD 1,358.00 / troy ounce (+0.10%)