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Monday, 6 March 2017


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Pharos Holding -

EGP / USD CBE market average: Buy 16.3347 | Sell 16.4403
EGP / USD at CIB: Buy 16.35 | Sell 16.45
EGP / USD at NBE: Buy 16.26 | Sell 16.36

EGX30 (Sunday): 12,500 (+1.5%)
Turnover: EGP 750.1 mn (83% above the 90-day average)
EGX 30 year-to-date: +1.3%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.5%. CIB, the index heaviest constituent rose 1.9%. The EGX30’s top performing constituents were: Juhayna up 5.7%, Pioneers Holding up 4.2%, and Cairo Oils and Soap up 4.1%. Yesterday’s worst performing stocks included Porto Group down 3.9%, Amer Group down 3.3%, and Domty down 2.8%. The market turnover was EGP 750.1 million, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +34.9 mn
Regional: Net Short | EGP -11.4 mn
Domestic: Net Short | EGP -23.5 mn

Retail: 77.0% of total trades | 78.2% of buyers | 75.9% of sellers
Institutions: 23.0% of total trades | 21.8% of buyers | 24.1% of sellers

Foreign: 10.4% of total | 12.6% of buyers | 8.2% of sellers
Regional: 5.6% of total | 4.8% of buyers | 6.3% of sellers
Domestic: 84.0% of total | 82.6% of buyers | 85.5% of sellers

WTI: USD 53.25 (-0.15%)
Brent: USD 55.90 (0.00%)
Natural Gas (Nymex, futures prices) USD 2.91 MMBtu, (+3.04%, April 2017 contract)
Gold: USD 1,236.00 / troy ounce (+0.77%)TASI: 6,968.0 (-0.7%) (YTD: -3.4%)
ADX: 4,565.2 (-0.7%) (YTD: +0.4%)
DFM: 3,543.3 (-1.1%) (YTD: +0.4%)
KSE Weighted Index: 425.9 (+0.3%) (YTD: +12.0%)
QE: 10,721.2 (0.0%) (YTD: +2.7%)
MSM: 5,807.8 (-0.1%) (YTD: +0.4%)
BB: 1,342.6 (+0.1%) (YTD: +10.0%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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