Back to the complete issue
Thursday, 4 May 2017

BY THE NUMBERS

Powered by
Pharos Holding - http://www.pharosholding.com/

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%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.