BY THE NUMBERS
USD CBE auction (Tuesday, 11 Oct): 8.78 (unchanged since 16 March 2016)
USD parallel market (Tuesday, 11 Oct): 14.75-15.00 (from 14.15 on Monday, 10 Oct, Al Borsa, Reuters)
EGX30 (Tuesday): 8232.8 (-1.6%)
Turnover: EGP 677.3 mn (73% above the 90-day average)
EGX 30 year-to-date: +17.5%
THE MARKET ON TUESDAY: The EGX30 fell 1.7% one hour into the session, ultimately ending the day down 1.6%. CIB, the index’s largest constituent, ended the day down, with the selling wave hitting all of the EGX30 constituents except for Orascom Construction and Edita, while Egyptian Kuwait Holding, and Porto Group ended the day flat. The day’s worst performers were Domty, GB Auto, and Qalaa Holdings. At a market turnover of EGP 677.3 mn, regional investors were the sole net buyers.
Foreigners: Net short | EGP -3.0 mn
Regional: Net long | EGP +48.5 mn
Domestic: Net short | EGP -45.5 mn
Retail: 39.7% of total trades | 40.9% of buyers | 38.6% of sellers
Institutions: 60.3% of total trades | 59.1% of buyers | 61.4% of sellers
Foreign: 33.7% of total | 33.5% of buyers | 33.9% of sellers
Regional: 19.9% of total | 23.2% of buyers 16.7% of sellers
Domestic: 46.3% of total | 43.3% of buyers | 49.4% of sellers
WTI: USD 50.72 (-0.14%)
Brent: USD 52.41 (-1.37%)
Natural Gas (Nymex, futures prices) USD 3.23 MMBtu, (-0.34%, Nov 2016 contract)
Gold: USD 1,256.10 / troy ounce (+0.02%)
TASI: 5,655.6 (+1.5%) (YTD: -18.2%)
ADX: 4,373.9 (-0.3%) (YTD: +1.5%)
DFM: 3,390.6 (+1.0%) (YTD: +7.6%)
KSE Weighted Index: 347.8 (+0.5%) (YTD: -8.9%)
QE: 10,431.3 (+0.3%) (YTD: 0.0%)
MSM: 5,703.7 (+0.3%) (YTD: +5.5%)
BB: 1,130.3 (0.0%) (YTD: -7.0%)