BY THE NUMBERS
EGP / USD CBE market average: Buy 18.00 | Sell 18.10
EGP / USD at CIB: Buy 18.10 | Sell 18.20
EGP / USD at NBE: Buy 18.00 | Sell 18.10
EGX30 (Thursday): 12,984 (+1.9%)
Turnover: EGP 1.7 bn (280% above the 90-day average)
EGX 30 year-to-date: +5.2%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1.9%. CIB, the index heaviest constituent rose by 2.8%. The EGX30’s top performing constituents were: TMG Holding up 9.1%, Orascom Construction up 5.8%, and Ezz Steel up 4.3%. Thursday’s worst performing stocks included Porto Group down 3.9%, Egyptian Resorts down 2.7%, and Egyptian Iron and Steel down 2.1%. The market turnover was EGP1.7 billion, which is the highest turnover MTD, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP – 12.5 mn
Regional: Net Long | EGP + 40.1 mn
Domestic: Net Short | EGP – 27.6 mn
Retail: 60.4% of total trades | 59.4% of buyers | 61.3% of sellers
Institutions: 39.6% of total trades | 40.6% of buyers | 38.7% of sellers
Foreign: 24.4% of total | 24.0% of buyers | 24.8% of sellers
Regional: 9.4% of total | 10.6% of buyers | 8.2% of sellers
Domestic: 66.2% of total | 65.4% of buyers | 67.0% of sellers
WTI: USD 48.78 (+0.06%)
Brent: USD 51.76 (+0.04%)
Natural Gas (Nymex, futures prices) USD 2.95 MMBtu, (+1.59%, April 2017 contract)
Gold: USD 1,230.20 / troy ounce (+0.25%)
TASI: 6,921.6 (+1.3%) (YTD: -4.0%)
ADX: 4,424.9 (+1.1%) (YTD: -2.7%)
DFM: 3,521.3 (+1.2%) (YTD: -0.3%)
KSE Weighted Index: 422.3 (+0.3%) (YTD: +11.1%)
QE: 10,361.0 (+0.7%) (YTD: -0.7%)
MSM: 5,668.3 (+0.1%) (YTD: -2.0%)
BB: 1,374.6 (+0.3%) (YTD: +12.6%)