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Sunday, 15 January 2017

BY THE NUMBERS

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EGP / USD CBE market average: Buy 18.6945 | Sell 18.8450
EGP / USD at CIB: Buy 18.651 | Sell 18.751
EGP / USD at NBE: Buy 18.5 | Sell 18.6

EGX30 (Thursday): 13,223.9 (+1.03%)
Turnover: EGP 1.882 bn (332% above the 90-day average)
EGX 30 year-to-date: +7.12%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session 1.0% up. Thursday’s top performing stocks were ACC, Egyptian Resorts, and Ezz Steel. Thursday’s worst performing stocks included CIB, GB Auto, and Egyptian Iron and Steel. The market turnover was EGP 1.9 bn and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +109.4 mn
Regional: Net short | EGP -14.5 mn
Domestic: Net short | EGP -94.9 mn

Retail: 70.0% of total trades | 65.0% of buyers | 75.1% of sellers
Institutions: 30.0% of total trades | 35.0% of buyers | 24.9% of sellers

Foreign: 13.2% of total | 16.1% of buyers | 10.3% of sellers
Regional: 12.8% of total | 12.4% of buyers | 13.2% of sellers
Domestic: 74.0% of total | 71.5% of buyers | 76.5% of sellers

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PHAROS VIEW

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