BY THE NUMBERS
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%)