BY THE NUMBERS
EGP / USD CBE market average: Buy 17.7521 | Sell 17.6435
EGP / USD at CIB: Buy 17.6 | Sell 17.7
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Wednesday): 12,735 (+0.5%)
Turnover: EGP 1.1 bn (149% above the 90-day average)
EGX 30 year-to-date: +3.2%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.5%. CIB, the index heaviest constituent declined by 0.5%. The EGX30’s top performing constituents were: Egyptian Iron and Steel up 8.7%, Domty up 6.8%, and Ezz Steel up 5.0%. Yesterday’s worst performing stocks included Emaar Misr down 1.8%, Cairo Oils and Soap down 1.8%, and Sodic down 1.7%. The market turnover was EGP1.1 billion, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP + 34.6 mn
Regional: Net Short | EGP – 5.6 mn
Domestic: Net Short | EGP – 29.0 mn
Retail: 70.8% of total trades | 65.3% of buyers | 76.3% of sellers
Institutions: 29.2% of total trades | 34.7% of buyers | 23.7% of sellers
Foreign: 15.4% of total | 17.0% of buyers | 13.8% of sellers
Regional: 10.4% of total | 10.2% of buyers | 10.7% of sellers
Domestic: 74.2% of total | 72.8% of buyers | 75.5% of sellers
WTI: USD 51.12 (-3.80%)
Brent: USD 53.96 (-3.51%)
Natural Gas (Nymex, futures prices) USD 2.95 MMBtu, (+4.36%, April 2017 contract)
Gold: USD 1,209.60 / troy ounce (-0.53%)
TASI: 6,970.8 (-0.3%) (YTD: -3.3%)
ADX: 4,590.8 (0.0%) (YTD: +1.0%)
DFM: 3,530.6 (+0.8%) (YTD: 0.0%)
KSE Weighted Index: 421.1 (0.0%) (YTD: +10.8%)
QE: 10,361.5 (-0.5%) (YTD: -0.7%)
MSM: 5,801.3 (+0.1%) (YTD: +0.3%)
BB: 1,336.5 (+0.3%) (YTD: +9.5%)