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Wednesday, 15 March 2017

BY THE NUMBERS

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EGP / USD CBE market average: Buy 17.9488 | Sell 18.0579
EGP / USD at CIB: Buy 18.00 | Sell 18.10
EGP / USD at NBE: Buy 17.90 | Sell 18.00

EGX30 (Tuesday): 12,790 (-1.1%)
Turnover: EGP 1.1 bn (153% above the 90-day average)
EGX 30 year-to-date: +3.6%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.1%. CIB, the index heaviest constituent declined by 1.3%. The EGX30’s top performing constituents were: ACC up 1.9%, Ezz Steel up 1.8%, and Egyptian Iron and Steel up 1.7%. Yesterday’s worst performing stocks included Amer Group down 3.3%, Elsewedy Electric down 3.0%, and Telecom Egypt down 2.9%. The market turnover was EGP1.1 billion, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP + 49.7 mn
Regional: Net Short | EGP – 12.1 mn
Domestic: Net Short | EGP – 37.6 mn

Retail: 61.7% of total trades | 64.6% of buyers | 58.8% of sellers
Institutions: 38.3% of total trades | 35.4% of buyers | 41.2% of sellers

Foreign: 19.1% of total | 21.3% of buyers | 16.8% of sellers
Regional: 10.5% of total | 10.0% of buyers | 11.1% of sellers
Domestic: 70.4% of total | 68.7% of buyers | 72.1% of sellers

WTI: USD 48.45 (+1.53%)
Brent: USD 50.92 (-0.84%)
Natural Gas (Nymex, futures prices) USD 2.95 MMBtu, (+0.34%, April 2017 contract)
Gold: USD 1,199.50 / troy ounce (-0.26%)TASI: 6,790.7 (0.0%) (YTD: -5.8%)
ADX: 4,388.0 (+0.1%) (YTD: -3.5%)
DFM: 3,468.6 (-0.9%) (YTD: -1.8%)
KSE Weighted Index: 419.7 (+0.1%) (YTD: +10.4%)
QE: 10,314.2 (-0.5%) (YTD: -1.2%)
MSM: 5,697.6 (-0.3%) (YTD: -1.5%)
BB: 1,374.6 (+0.3%) (YTD: +12.6%)

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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