BY THE NUMBERS
USD CBE auction (Tuesday, 06 Sep): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Monday, 19 Sep): 12.80 (from 12.80 on Sunday, 18 Sep, Sada El Balad)
EGX30 (Monday): 7,974.1 (+0.7%)
Turnover: EGP 389.7 mn (10% below the 90-day average)
EGX 30 year-to-date: +13.8%
Foreigners: Net Short | EGP -17.4 mn
Regional: Net Long | EGP +33.8 mn
Domestic: Net Short | EGP -16.4 mn
Retail: 59.1% of total trades | 65.5% of buyers | 52.8% of sellers
Institutions: 40.9% of total trades | 34.5% of buyers | 47.2% of sellers
Foreign: 16.3% of total | 14.1% of buyers | 18.5% of sellers
Regional: 13.6% of total | 17.9% of buyers | 9.3% of sellers
Domestic: 70.1% of total | 68.0% of buyers | 72.2% of sellers
THE MARKET ON MONDAY: The EGX30 opened yesterday’s session on a positive note, rising 0.3% one hour into the session. The index closed up its highest intraday level of 7,974.1 points. The index was supported by heavyweights TMGH, EFG Hermes and CIB. Among the day’s worst performers were Edita, Eastern Company and Domty. The top gainers were Global Telecom, OTMT and Amer Group. Regional investors were the sole net buyers of the day.
WTI: USD 43.25 (-0.12%)
Brent: USD 45.95 (+0.39%)
Natural Gas (Nymex, futures prices) USD 2.94 MMBtu, (-0.10%, Oct 2016 contract)
Gold: USD 1,316.60 / troy ounce (-0.09%)<br
TASI: 5,936.0 (-2.0%) (YTD: -14.1%)
ADX: 4,482.5 (-0.1%) (YTD: +4.1%)
DFM: 3,484.8 (0.0%) (YTD: +10.6%)
KSE Weighted Index: 351.2 (+0.4%) (YTD: -8.0%)
QE: 10,152.8 (-4.0%) (YTD: -2.7%)
MSM: 5,762.7 (-0.3%) (YTD: +6.6%)
BB: 1,135.3 (+0.6%) (YTD: -6.6%)