BY THE NUMBERS
EGP / USD CBE market average: Buy 17.37 | Sell 17.80
EGP / USD at CIB: Buy 17.3 | Sell 17.75
EGP / USD at NBE: Buy 17.4 | Sell 17.75
EGX30 (Thursday): 11,353.11 (-1.71%)
Turnover: EGP 1.584 bn (264% above the 90-day average)
EGX 30 year-to-date: +62.04%
THE MARKET ON THURSDAY: The benchmark index closed 1.7% down. Heavyweight constituents including CIB, and Global Telecom pulled the index down as they fell by 2.5%, and 2.1% respectively. Only Ezz Steel and Heliopolis Housing ended in the green. On the downside, Thursday’s worst performing stocks included Arabia Investments, Amer Group, and Orascom Telecom Media and Technology. The market turnover was EGP 1.6 bn and local investors were the sole net sellers
Foreigners: Net long | EGP + 66.3 mn
Regional: Net long | EGP + 0.2 mn
Domestic: Net short | EGP – 66.5 mn
Retail: 74.2% of total trades | 76.7% of buyers | 71.8% of sellers
Institutions: 25.8% of total trades | 23.3% of buyers | 28.2% of sellers
Foreign: 12.8% of total | 14.9% of buyers | 10.7% of sellers
Regional: 7.2% of total | 7.2% of buyers | 7.2% of sellers
Domestic: 80.0% of total | 77.9% of buyers | 82.1 of sellers
WTI: USD 46.06 (-3.96%)
Brent: USD 47.24 (-3.59%)
Natural Gas (Nymex, futures prices) USD 3.07 MMBtu, (-0.45%, December 2016 contract)
Gold: USD 1,181.0 / troy ounce (-0.96%)<br
TASI: 6,796.8 (+0.0%) (YTD: -1.7%)
ADX: 4,273.0 (+0.3%) (YTD: -0.8%)
DFM: 3,324.1 (-0.8%) (YTD: +5.5%)
KSE Weighted Index: 368.6 (-0.3%) (YTD: -3.4%)
QE: 9,714.9 (-0.2%) (YTD: -6.9%)
MSM: Market Closed
BB: 1,186.2 (-0.1%) (YTD: -2.4%)