BY THE NUMBERS
USD CBE auction (Tuesday, 20 Sep): 8.78 (unchanged since Wednesday, 16 March)
USD parallel market (Tuesday, 20 Sep): 12.80 (unchanged since Sunday, 18 Sep, Sada El Balad)
EGX30 (Tuesday): 8,048.7 (+0.94%)
Turnover: EGP 404.8 mn (7% below the 90-day average)
EGX 30 year-to-date: +14.9%
Foreigners: Net Short | EGP -36.3 mn
Regional: Net Long | EGP -56.0 mn
Domestic: Net Short | EGP -19.7 mn
Retail: 62.2% of total trades | 61.1% of buyers | 63.3% of sellers
Institutions: 37.8% of total trades | 38.9% of buyers | 36.7% of sellers
Foreign: 19.3% of total | 14.8% of buyers | 23.8% of sellers
Regional: 13.8% of total | 20.7% of buyers | 6.9% of sellers
Domestic: 66.9% of total | 64.5% of buyers | 69.3% of sellers
THE MARKET ON TUESDAY: The benchmark EGX30 rose 0.9% in the first hour into the session. The early buying appetite maintained its strength with the index closing at 8,049, up 0.9%. TMG Holding, EFG Hermes and CIB provided support to the index. Among the day’s worst performers were Eastern Company, Amer Group and Egypt Kuwait Holding. The top gainers were Global Telecom, Edita and Elsewedy Electric. At a market turnover of EGP 404.8 mn, regional investors were the sole net buyers of the day.
WTI: USD 43.44 (+0.32%)
Brent: USD 46.52 (+1.39%)
Natural Gas (Nymex, futures prices) USD 3.07 MMBtu, (+0.89%, Oct 2016 contract)
Gold: USD 1,319.00 / troy ounce (+0.06%)<br
TASI: 5,925.1 (-0.2%) (YTD: -14.3%)
ADX: 4,463.9 (-0.4%) (YTD: +3.6%)
DFM: 3,455.2 (-0.9%) (YTD: +9.7%)
KSE Weighted Index: 5,925.1 (-0.2%) (YTD: -8.2%)
QE: 10,256.5 (+1.0%) (YTD: -1.7%)
MSM: 5,752.1 (-0.2%) (YTD: 6.4%)
BB: 1,131.9 (-0.3%) (YTD: -6.9%)