BY THE NUMBERS
EGP / USD CBE market average: Buy 17.6662 | Sell 17.7732
EGP / USD at CIB: Buy 17.6 | Sell 17.7
EGP / USD at NBE: Buy 17.5 | Sell 17.6
EGX30 (Thursday): 12,853 (+0.9%)
Turnover: EGP 1.3 bn (195% above the 90-day average)
EGX 30 year-to-date: +4.1%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.9%. CIB, the index heaviest constituent rose 2.1%. The EGX30’s top performing constituents were: Egyptian Iron and Steel up 7.0%, Arab Cotton Ginning up 4.4%, and Ezz Steel up 4.2%. Thursday’s worst performing stocks included Orascom Telecom Media and Technology down 2.9%, Juhayna down 2.4%, and Palm Hills down 2.4%. The market turnover was EGP1.3 billion, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +109.4 mn
Regional: Net Long | EGP +4.8 mn
Domestic: Net Short | EGP -114.2 mn
Retail: 65.0% of total trades | 62.0% of buyers | 68.0% of sellers
Institutions: 35.0% of total trades | 38.0% of buyers | 32.0% of sellers
Foreign: 20.5% of total | 24.8% of buyers | 16.3% of sellers
Regional: 6.5% of total | 6.7% of buyers | 6.3% of sellers
Domestic: 73.0% of total | 68.5% of buyers | 77.4% of sellers
WTI: USD 48.49 (-1.60%)
Brent: USD 51.37 (-1.57%)
Natural Gas (Nymex, futures prices) USD 3.01 MMBtu, (+1.14%, April 2017 contract)
Gold: USD 1,201.40 / troy ounce (-0.15%)
TASI: 6,916.8 (-0.8%) (YTD: -4.1%)
ADX: 4,457.3 (-2.9%) (YTD: -2.0%)
DFM: 3,520.2 (-0.3%) (YTD: -0.3%)
KSE Weighted Index: 422.8 (+0.4%) (YTD: +11.2%)
QE: 10,467.2 (+1.0%) (YTD: +0.3%)
MSM: 5,791.7 (-0.2%) (YTD: +0.2%)
BB: 1,353.6 (+1.3%) (YTD: +10.9%)