BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0362 | Sell 18.1397
EGP / USD at CIB: Buy 18.05 | Sell 18.15
EGP / USD at NBE: Buy 17.95 | Sell 18.05
EGX30 (Wednesday): 13,064 (+1.0%)
Turnover: EGP 1.3 bn (40% below the 90-day average)
EGX30 year-to-date: +5.8%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 1.0%. CIB, the index heaviest constituent ended up 1.0%. EGX30’s top performing constituents were: SODIC up 3.5%, Eastern Co. up 3.1%, and Heliopolis Housing up 2.8%. Yesterday’s worst performing stocks were: Egyptian Iron & Steel down 1.6%, Telecom Egypt down 1.1%, and Qalaa Holdings down 1.0%. The market turnover was EGP 1.3 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -25.9 mn
Regional: Net Short | EGP -2.0 mn
Domestic: Net Long | EGP +27.9 mn
Retail: 52.9% of total trades | 51.4% of buyers | 54.4% of sellers
Institutions: 47.1% of total trades | 48.6% of buyers | 45.6% of sellers
Foreign: 18.2% of total | 17.3% of buyers | 19.2% of sellers
Regional: 26.8% of total | 26.7% of buyers | 26.8% of sellers
Domestic: 55.0% of total | 56.0% of buyers | 54.0% of sellers
WTI: USD 49.00 (-0.14%)
Brent: USD 52.13 (-0.15%)
Natural Gas (Nymex, futures prices) USD 3.21 MMBtu, (+0.53%, June 2017 contract)
Gold: USD 1,259.30 / troy ounce (+0.05%)
TASI: 6,947.36 (+0.10%) (YTD: -3.65%)
ADX: 4,593.72 (+0.25%) (YTD: +1.04%)
DFM: 3,395.06 (+0.54%) (YTD: -3.85%)
KSE Weighted Index: 405.13 (+0.66%) (YTD: +6.59%)
QE: 10,144.89 (+0.19%) (YTD: -2.80%)
MSM: 5,423.17 (-0.17%) (YTD: -6.22%)
BB: 1,309.76 (-0.29%) (YTD: +7.32%)