BY THE NUMBERS
USD CBE auction (Thursday, 13 Oct): 8.78 (unchanged since 16 March 2016)
USD parallel market (Saturday, 15 Oct): 15.05-15.20 (from 15.20-15.68 on Thursday, 13 Oct, Reuters)
EGX30 (Thursday): 8,505.12 (+3.9%)
Turnover: EGP 1,184.84 mn (172% above the 90-day average)
EGX 30 year-to-date: +21.39%
THE MARKET ON THURSDAY: EGX30 closed the day up 3.9%, breaking the 8,500 mark driven by news of a USD 2 bn Saudi deposit. The index’s top performers were TMG Holding, CIB, and EFG Hermes. On the flip side, today’s worst performers were Egypt Kuwait Holding, Edita, and Ezz Steel. At a market turnover of EGP 1,184.8 mn foreign investors were the sole net buyers.
Foreigners: Net long | EGP +61.5 mn
Regional: Net short | EGP -58.5 mn
Domestic: Net short | EGP -3.0 mn
Retail: 54.9% of total trades | 50.4% of buyers | 59.4% of sellers
Institutions: 45.1% of total trades | 49.6% of buyers | 40.6% of sellers
Foreign: 21.2% of total | 23.8% of buyers | 18.6% of sellers
Regional: 8.0% of total | 5.5% of buyers | 10.5% of sellers
Domestic: 70.8% of total | 70.7% of buyers | 70.9% of sellers
WTI: USD 50.35 (-0.18%)
Brent: USD 51.95 (-0.15%)
Natural Gas (Nymex, futures prices) USD 3.28 MMBtu, (-0.3%, Nov 2016 contract)
Gold: USD 1,255.50 / troy ounce (-0.17%)
TASI: 5,694.0 (0.0%) (YTD: -17.6%)
ADX: 4,347.2 (-0.4%) (YTD: +0.9%)
DFM: 3,334.9 (-0.6%) (YTD: +5.8%)
KSE Weighted Index: 346.6 (-0.1%) (YTD: -9.2%)
QE: 10,390.0 (-0.1%) (YTD: -0.4%)
MSM: 5,660.2 (-0.4%) (YTD: +4.7%)
BB: 1,144.6 (+1.3%) (YTD: -5.9%)