BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0794 | Sell 18.1841
EGP / USD at CIB: Buy 18.10 | Sell 18.20
EGP / USD at NBE: Buy 18.00 | Sell 18.10
EGX30 (Wednesday): 12,988 (0.0%)
Turnover: EGP 762 mn (135% above the 90-day average)
EGX 30 year-to-date: +5.2%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session almost flat. CIB, the index heaviest constituent ended 0.6% down. EGX30’s top performing constituents were: Sidi Kerir Petrochemicals up 3.8%, Eastern up 3.7%, and Credit Agricole up 2.8%. Yesterday’s worst performing stocks included Egyptian Iron and Steel down 2.2%, GB Auto down 1.5%, and Arab Cotton Ginning down 1.4%. The market turnover was EGP 762 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +26.5 mn
Regional: Net Short | EGP -1.1 mn
Domestic: Net Short | EGP -25.5 mn
Retail: 67.1% of total trades | 77.9% of buyers | 56.4% of sellers
Institutions: 32.9% of total trades | 22.1% of buyers | 43.6% of sellers
Foreign: 12.8% of total | 14.1% of buyers | 11.5% of sellers
Regional: 4.4% of total | 4.3% of buyers | 4.5% of sellers
Domestic: 82.8% of total | 81.6% of buyers | 84.0% of sellers
WTI: USD 49.56 (+0.10%)
Brent: USD 52.42 (0.00%)
Natural Gas (Nymex, futures prices) USD 3.22 MMBtu, (-0.43%, May 2017 contract)
Gold: USD 1,254.70 / troy ounce (-0.17%)
TASI: 6,949.0 (+1.1%) (YTD: -3.6%)
ADX: 4,435.9 (-0.8%) (YTD: -2.4%)
DFM: 3,447.4 (0.0%) (YTD: -2.4%)
KSE Weighted Index: 413.0 (-1.2%) (YTD: +8.7%)
QE: 10,416.8 (-0.4%) (YTD: -0.2%)
MSM: 5,553.5 (+0.2%) (YTD: -4.0%)
BB: 1,380.3 (+0.2%) (YTD: +13.1%)