BY THE NUMBERS
EGP / USD CBE market average: Buy 16.0618 | Sell 16.1676
EGP / USD at CIB: Buy 16.10 | Sell 16.20
EGP / USD at NBE: Buy 16.00 | Sell 16.10
EGX30 (Wednesday): 11,999 (+0.5%)
Turnover: EGP 762.0 mn (75% ABOVE the 90-day average)
EGX 30 year-to-date: -2.8%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.5%. CIB, the index heaviest constituent declined by 0.3%. The EGX30’s top performing constituents were: Cairo Oils and Soap up 5.4%, Global Telecom up 4.5%, and Ezz Steel up 4.2%. Yesterday’s worst performing stocks included Egyptian Iron and Steel down 4.4%, Eastern Co down 3.3%, and TMG Holding down 3.0%. The market turnover was EGP762.0 million, and local investors were the sole net sellers.
Foreigners: Net Long | EGP + 17.1 mn
Regional: Net Long | EGP + 31.6 mn
Domestic: Net Short | EGP – 48.7 mn
Retail: 67.5% of total trades | 65.2% of buyers | 69.9% of sellers
Institutions: 32.5% of total trades | 34.8% of buyers | 30.1% of sellers
Foreign: 17.8% of total | 18.9% of buyers | 16.7% of sellers
Regional: 9.7% of total | 11.8% of buyers | 7.6% of sellers
Domestic: 72.5% of total | 69.3% of buyers | 75.7% of sellers
WTI: USD 53.73 (-0.19%)
Brent: USD 56.36 (-0.27%)
Natural Gas (Nymex, futures prices) USD 2.80 MMBtu, (-0.11%, April 2017 contract)
Gold: USD 1,247.80 / troy ounce (-0.18%)
TASI: 6,966.5 (-0.1%) (YTD: -3.4%)
ADX: 4,569.5 (+0.4%) (YTD: +0.5%)
DFM: 3,620.7 (-0.3%) (YTD: +2.5%)
KSE Weighted Index: 421.8 (-0.5%) (YTD: +11.0%)
QE: 10,752.1 (+0.5%) (YTD: +3.0%)
MSM: 5,791.1 (+0.2%) (YTD: +0.1%)
BB: 1,344.2 (-0.4%) (YTD: +10.1%)