BY THE NUMBERS
EGP / USD CBE market average: Buy 18.1114 | Sell 18.3854
EGP / USD at CIB: Buy 17.86 | Sell 18.11
EGP / USD at NBE: Buy 17.86 | Sell 18.11
EGX30 (Wednesday): 12,608.44 (+1.47%)
Turnover: EGP 1.588 bn (265% above the 90-day average)
EGX 30 year-to-date: +2.13%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session 1.5% up. Wednesday’s top performing stocks were Palm Hills, Heliopolis Housing, and Egypt Kuwait Holding. The worst performing stocks included Qalaa Holdings, Porto Group, and Elsaeed Contracting. The market turnover was EGP 1.6 bn and foreign investors were the sole net buyers.
Foreigners: Net long | EGP +35.0 mn
Regional: Net short | EGP -28.3 mn
Domestic: Net short | EGP -6.7 mn
Retail: 76.1% of total trades | 73.9% of buyers | 78.2% of sellers
Institutions: 23.9% of total trades | 26.1% of buyers | 21.8% of sellers
Foreign: 12.5% of total | 13.6% of buyers | 11.4% of sellers
Regional: 9.1% of total | 8.2% of buyers | 10.0% of sellers
Domestic: 78.4% of total | 78.2% of buyers | 78.6% of sellers
WTI: USD 53.27 (+0.02%)
Brent: USD 56.46 (+1.78%)
Natural Gas (Nymex, futures prices) USD 3.26 MMBtu, (-0.31%, February 2017 contract)
Gold: USD 1,171.90 / troy ounce (+0.57%)
TASI: 7,198.11 (-0.73%) (YTD: -0.17%)
ADX: 4,570.07 (-0.44%) (YTD: +0.52%)
DFM: 3,617.40 (+0.42%) (YTD: +2.45%)
KSE Weighted Index: 383.63 (+0.37%) (YTD: +0.93%)
QE: 10,688.78 (+0.84%) (YTD: +2.41%)
MSM: 5,756.84 (+0.42%) (YTD: -0.45%)
BB: 1,207.67 (-0.29%) (YTD: -1.05%)