BY THE NUMBERS
USD CBE auction (Tuesday, 23 Aug): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Monday, 29 Aug): 12.75 sell, 12.65 buy (up from 12.70 sell, 12.50 buy from Sunday, 28 Aug, Al Mesryoon)
EGX30 (Monday): 8,032.4 (-0.3%)
Turnover: EGP 399.9 mn (8% below the 90-day average)
EGX 30 year-to-date: +14.7%
THE MARKET ON MONDAY: Egypt’s benchmark index, EGX30, closed 0.3% down despite a positive start to today’s trading session. CIB’s 1.6% decline dragged the market into negative territory, with Arabian Cement, Ezz Steel, and Talaat Moustafa being the worst performers. The top gainers were Orascom Construction, Edita and Pioneers. Market turnover was EGP 400 mn with foreign investors being sole net sellers.
Foreigners: Net short | EGP – 75.0 mn
Regional: Net long | EGP + 13.6 mn
Domestic: Net long | EGP + 61.4 mn
Retail: 60.7% of total trades | 65.9% of buyers | 55.5% of sellers
Institutions: 39.3% of total trades | 34.1% of buyers | 44.5% of sellers
Foreign: 25.5% of total | 16.2% of buyers | 34.0% of sellers
Regional: 5.2% of total | 6.9% of buyers | 3.5% of sellers
Domestic: 69.3% of total | 76.9% of buyers | 61.5% of sellers
WTI: USD 47.06 (+0.17%)
Brent: USD 49.37 (+0.22%)
Natural Gas (Nymex, futures prices) USD 2.88 MMBtu, (+0.28%, Oct 2016 contract)
Gold: USD 1,327.60 / troy ounce (+0.04%)<br
TASI: 6,071.2 (0.0%) (YTD: -12.2%)
ADX: 4,495.1 (-0.1%) (YTD: +4.4%)
DFM: 3,494.3 (+0.1%) (YTD: +10.9%)
KSE Weighted Index: 345.8 (-0.2%) (YTD: -9.4%)
QE: 11,261.5 (+0.6%) (YTD: +8.0%)
MSM: 5,779.6 (-0.5%) (YTD: +6.9%)
BB: 1,135.8 (-0.3%) (YTD: -6.6%)