BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0335 | Sell 18.1365
EGP / USD at CIB: Buy 18.05 | Sell 18.15
EGP / USD at NBE: Buy 17.95 | Sell 18.05
EGX30 (Wednesday): 12,604 (+0.6%)
Turnover: EGP 614 mn (42% below the 90-day average)
EGX30 year-to-date: +2.1%
THE MARKET ON WEDNESDAY: The EG\X30 ended Wednesday’s session up 0.6%. CIB, the index heaviest constituent ended up 0.8%. EGX30’s top performing constituents were: Oriental Weavers up 3.4%, GB Auto up 3.3%, and Juhayna up 2.4%. Yesterday’s worst performing stocks were: Cairo Oils and Soap down 16.3%, Qalaa Holdings down 1.0%, and Global Telecom down 0.7%. The market turnover was EGP 614 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +28.1 mn
Regional: Net Short | EGP -2.1 mn
Domestic: Net Short | EGP -26.0 mn
Retail: 62.4% of total trades | 58.3% of buyers | 66.6% of sellers
Institutions: 37.6% of total trades | 41.7% of buyers | 33.4% of sellers
Foreign: 26.5% of total | 28.8% of buyers | 24.3% of sellers
Regional: 6.1% of total | 5.9% of buyers | 6.2% of sellers
Domestic: 67.4% of total | 65.3% of buyers | 69.5% of sellers
WTI: USD 47.68 (-0.29%)
Brent: USD 50.64 (-0.30%)
Natural Gas (Nymex, futures prices) USD 3.22 MMBtu, (-0.34%, June 2017 contract)
Gold: USD 1,240.50 / troy ounce (-0.64%)
TASI: 6,967.71 (-0.64%) (YTD: -3.37%)
ADX: 4,581.26 (+0.62%) (YTD: +0.77%)
DFM: 3,419.06 (-0.51%) (YTD: -3.17%)
KSE Weighted Index: 405.72 (+0.17%) (YTD: +6.74%)
QE: 9,955.40 (-0.37%) (YTD: -4.61%)
MSM: 5,492.42 (-0.32%) (YTD: -5.02%)
BB: 1,330.90 (-0.56%) (YTD: +9.05%)