BY THE NUMBERS
EGP / USD CBE market average: Buy 17.4053 | Sell 17.5109
EGP / USD at CIB: Buy 17.4 | Sell 17.5
EGP / USD at NBE: Buy 17.35 | Sell 17.45
EGX30 (Tuesday): 12,678 (+0.4%)
Turnover: EGP 1.6 bn (272% above the 90-day average)
EGX 30 year-to-date: +2.7%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.4%. CIB, the index heaviest constituent declined by 2.6%. The EGX30’s top performing constituents were: Elsewedy Electric up 3.6%, Sidi Kerir Petrochemicals up 2.4%, and Egyptian Iron and Steel up 2.2%. Yesterday’s worst performing stocks included Domty down 5.6%, Porto Group down 3.9%, and ACC down 3.5%. The market turnover was EGP1.6 billion, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +45.8 mn
Regional: Net Short | EGP -17.6 mn
Domestic: Net Short | EGP -28.2 mn
Retail: 69.9% of total trades | 69.5% of buyers | 70.3% of sellers
Institutions: 30.1% of total trades | 30.5% of buyers | 29.7% of sellers
Foreign: 14.1% of total | 15.5% of buyers | 12.7% of sellers
Regional: 7.0% of total | 6.4% of buyers | 7.5% of sellers
Domestic: 78.9% of total | 78.1% of buyers | 79.8% of sellers
WTI: USD 52.86 (-0.53%)
Brent: USD 55.92 (-0.16%)
Natural Gas (Nymex, futures prices) USD 2.84 MMBtu, (+0.71%, April 2017 contract)
Gold: USD 1,216.20 / troy ounce (+0.01%)
TASI: 6,993.1 (+0.2%) (YTD: -3.0%)
ADX: 4,591.5 (-0.3%) (YTD: +1.0%)
DFM: 3,502.4 (-1.5%) (YTD: -0.8%)
KSE Weighted Index: 421.1 (-1.1%) (YTD: +10.8%)
QE: 10,416.9 (-1.9%) (YTD: -0.2%)
MSM: 5,795.7 (-0.1%) (YTD: +0.2%)
BB: 1,333.0 (-0.4%) (YTD: +9.2%)