BY THE NUMBERS
EGP / USD CBE market average: Buy 18.09 | Sell 18.22
EGP / USD at CIB: Buy 17.95 | Sell 18.05
EGP / USD at NBE: Buy 18.00 | Sell 18.05
EGX30 (Wednesday): 13,228.33 (+0.75%)
Turnover: EGP 1.354 bn (215% above the 90-day average)
EGX 30 year-to-date: +7.156%
THE MARKET ON WEDNESDAY: The Egyptian benchmark index ended Wednesday’s session 0.8% up. The top performing constituents were Egyptian Iron and Steel, Juhayna, and Domty. Wednesday’s worst performing stocks included Qalaa Holdings, Telecom Egypt, and Ezz Steel. The market turnover was EGP 1.4 bn and foreign investors were the sole net buyers.
Foreigners: Net long | EGP + 78.8 mn
Regional: Net short | EGP – 62.3 mn
Domestic: Net short | EGP – 16.5 mn
Retail: 61.6% of total trades | 63.8% of buyers | 59.3% of sellers
Institutions: 38.4% of total trades | 36.2% of buyers | 40.7% of sellers
Foreign: 19.0% of total | 21.8% of buyers | 16.1% of sellers
Regional: 8.8% of total | 6.6% of buyers | 11.1% of sellers
Domestic: 72.2% of total | 71.6% of buyers | 72.8% of sellers
WTI: USD 52.23 (+0.36%)
Brent: USD 55.12 (+0.13%)
Natural Gas (Nymex, futures prices) USD 3.15 MMBtu, (+0.64%, March 2017 contract)
Gold: USD xx / troy ounce (xx%)
TASI: 6,967.40 (-1.01%) (YTD: -3.37%)
ADX: 4,574.20 (+0.64%) (YTD: +0.61%)
DFM: 3,725.93 (+0.20%) (YTD: +5.52%)
KSE Weighted Index: 425.80 (+0.28%) (YTD: +12.03%)
QE: 10,653.83 (+0.65%) (YTD: +2.08%)
MSM: 5,827.70 (+0.05%) (YTD: +0.78%)
BB: 1,310.04 (-0.02%) (YTD: +7.34%)