BY THE NUMBERS
EGP / USD CBE market average: Buy 17.9715 | Sell 18.0753
EGP / USD at CIB: Buy 18.00 | Sell 18.10
EGP / USD at NBE: Buy 17.95 | Sell 18.05
EGX30 (Wednesday): 13,290 (+0.2%)
Turnover: EGP 1.3 bn (10% above the 90-day average)
EGX 30 year-to-date: +7.7%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.2%. CIB, the index heaviest constituent ended 1.6% up, being the top performing stock in yesterday’s session, followed by Egyptian Resorts up 0.9%, and Global Telecom up 0.1%. Today’s worst performing stocks included Domty down 4.9%, GB Auto 2.6% down, and Heliopolis Housing down 1.9%. The market turnover was EGP1.3 billion, and local investors were the sole net sellers.
Foreigners: Net long | EGP +164.1 mn
Regional: Net long | EGP +2.3 mn
Domestic: Net short | EGP -166.4 mn
Retail: 62.5% of total trades | 59.9% of buyers | 65.1% of sellers
Institutions: 37.5% of total trades | 40.1% of buyers | 34.9% of sellers
Foreign: 27.9% of total | 34.5% of buyers | 21.4% of sellers
Regional: 6.9% of total | 6.9% of buyers | 6.8% of sellers
Domestic: 65.2% of total | 58.6% of buyers | 71.8% of sellers
WTI: USD 50.82 (-0.41%)
Brent: USD 53.98 (-0.35%)
Natural Gas (Nymex, futures prices) USD 3.28 MMBtu, (-0.52%, May 2017 contract)
Gold: USD 1,257.60 / troy ounce (-0.06%)
TASI: 7,050.9 (+0.9%) (YTD: -2.2%)
ADX: 4,640.7 (+2.0%) (YTD: +2.1%)
DFM: 3,573.3 (+0.4%) (YTD: +1.2%)
KSE Weighted Index: 420.2 (+1.0%) (YTD: +10.6%)
QE: 10,467.0 (+0.7%) (YTD: +0.3%)
MSM: 5,623.6 (0.0%) (YTD: -2.8%)
BB: 1,350.5 (+0.1%) (YTD: +10.7%)