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Thursday, 16 March 2017

BY THE NUMBERS

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 18.1221 | Sell 18.2294
EGP / USD at CIB: Buy 18.20 | Sell 18.30
EGP / USD at NBE: Buy 18.00 | Sell 18.10

EGX30 (Wednesday): 12,745 (-0.3%)
Turnover: EGP 1.1 bn (148% above the 90-day average)
EGX 30 year-to-date: +3.2%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.3%. Index heavyweight CIB declined by 0.1%. The EGX30’s top performing constituents were: Egyptian Iron and Steel up 5.7%, Arab Cotton Ginning up 4.2%, and Orascom Telecom Media and Technology up 1.5%. Yesterday’s worst performing stocks included Cairo Oils and Soap down 6.2%, Domty down 3.7%, and Qalaa Holdings down 2.8%. Market turnover was EGP1.1 billion, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +68.2 mn
Regional: Net Short | EGP -15.5 mn
Domestic: Net Short | EGP -52.7 mn

Retail: 57.2% of total trades | 56.9% of buyers | 57.4% of sellers
Institutions: 42.8% of total trades | 43.1% of buyers | 42.6% of sellers

Foreign: 25.5% of total | 28.7% of buyers | 22.3% of sellers
Regional: 8.8% of total | 8.0% of buyers | 9.5% of sellers
Domestic: 65.7% of total | 63.3% of buyers | 68.2% of sellers

WTI: USD 48.96 (+2.60%)
Brent: USD 52.12 (+2.36%)
Natural Gas (Nymex, futures prices) USD 2.98 MMBtu, (+1.33%, April 2017 contract)
Gold: USD 1,200.70 / troy ounce (-0.16%)TASI: 6,835.8 (+0.7%) (YTD: -5.2%)
ADX: 4,375.4 (-0.3%) (YTD: -3.8%)
DFM: 3,478.8 (+0.3%) (YTD: -1.5%)
KSE Weighted Index: 421.1 (+0.3%) (YTD: +10.8%)
QE: 10,291.9 (-0.2%) (YTD: -1.4%)
MSM: 5,660.2 (-0.7%) (YTD: -2.1%)
BB: 1,370.6 (-0.3%) (YTD: +12.3%)

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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