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Wednesday, 12 October 2016

BY THE NUMBERS

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Pharos Holding - http://www.pharosholding.com/

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%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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