BY THE NUMBERS
EGP / USD CBE market average: Buy 15.7532 | Sell 15.8579
EGP / USD at CIB: Buy 15.75 | Sell 15.85
EGP / USD at NBE: Buy 15.7 | Sell 15.75
EGX30 (Tuesday): 12,658 (+1.7%)
Turnover: EGP 1.4 bn (238% above the 90-day average)
EGX 30 year-to-date: +2.5%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session 1.7% up. CIB, the index heaviest constituent jumped 1.7%. The EGX30’s top performing constituents were: Egyptian Iron and Steel up 9.9%, Porto Group up 7.7%, and Amer Group up 6.9%. Yesterday’s worst performing stocks included Credit Agricole down 4.8%, Juhayna down 4.4%, and Elsewedy Electric down 1.1%. The market turnover was EGP1.4 billion and local investors were the sole net buyers.
Foreigners: Net short | EGP -91.1 mn
Regional: Net short | EGP -16.3 mn
Domestic: Net long | EGP +107.4 mn
Retail: 65.2% of total trades | 67.5% of buyers | 62.8% of sellers
Institutions: 34.8% of total trades | 32.5% of buyers | 37.2% of sellers
Foreign: 14.6% of total | 11.5% of buyers | 17.7% of sellers
Regional: 7.8% of total | 7.2% of buyers | 8.3% of sellers
Domestic: 77.6% of total | 81.3% of buyers | 74.0% of sellers
WTI: USD 54.06 (+1.24%)
Brent: USD 56.64 (+0.82%)
Natural Gas (Nymex, futures prices) USD 2.56 MMBtu, (-9.53%, March 2017 contract)
Gold: USD 1,238.90 / troy ounce (-0.02%)
TASI: 7,057.8 (-0.2%) (YTD: -2.1%)
ADX: 4,607.7 (+0.6%) (YTD: +1.3%)
DFM: 3,650.0 (-1.2%) (YTD: +0.8%)
KSE Weighted Index: 422.9 (-0.3%) (YTD: +11.3%)
QE: 10,933.7 (+0.2%) (YTD: +4.8%)
MSM: 5,852.1 (0.0%) (YTD: +1.2%)
BB: 1,320.0 (-0.4%) (YTD: +8.2%)