BY THE NUMBERS
EGP / USD CBE market average: Buy 18.75 | Sell 18.92
EGP / USD at CIB: Buy 18.65 | Sell 18.75
EGP / USD at NBE: Buy 18.65 | Sell 18.75
EGX30 (Monday): 13,002.89 (+2.21%)
Turnover: EGP 1.479 bn (240% above the 90-day average)
EGX 30 year-to-date: +5.33%
THE MARKET ON MONDAY: The EGX30 ended a three-day decline trend to close Monday’s session 2.2% up. Monday’s top gainers were ACC, CIB, and Elsewedy Electric. Monday’s worst performing stocks included Emaar Misr, Sodic, and TMG Holding. The market turnover was EGP 1.5 bn and foreign investors were the sole net buyers.
Foreigners: Net long | EGP + 120.6 mn
Regional: Net short | EGP – 12.8 mn
Domestic: Net short | EGP – 107.8 mn
Retail: 49.8% of total trades | 48.8% of buyers | 50.7% of sellers
Institutions: 50.2% of total trades | 51.2% of buyers | 49.3% of sellers
Foreign: 11.1% of total | 15.3% of buyers | 7.1% of sellers
Regional: 5.0% of total | 4.5% of buyers | 5.4% of sellers
Domestic: 83.9% of total | 80.2% of buyers | 87.5% of sellers
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PHAROS VIEW
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Natural Gas (Nymex, futures prices) USD 3.28 MMBtu, (+1.08%, February 2017 contract)
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