BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0221 | Sell 18.1250
EGP / USD at CIB: Buy 18.05 | Sell 18.15
EGP / USD at NBE: Buy 17.95 | Sell 18.05
EGX30 (Wednesday): 12,884 (+0.7%)
Turnover: EGP 989 mn (40% below the 90-day average)
EGX 30 year-to-date: +4.3%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.7%. CIB, the index heaviest constituent ended up 0.8%. EGX30’s top performing constituents were: Elsewedy Electric up 4.4%, Orascom Construction upb3.6%, and Egyptian Resorts up 3.0%. Yesterday’s worst performing stocks were: Sidi Kerir Petrochemicals down 7.5%, Credit Agricole down 1.3%, and Ezz Steel down 1.0%. The market turnover was EGP 989 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +27.3 mn
Regional: Net Long | EGP +79.4 mn
Domestic: Net Short | EGP -106.7 mn
Retail: 64.5% of total trades | 60.0% of buyers | 69.1% of sellers
Institutions: 35.5% of total trades | 40.0% of buyers | 30.9% of sellers
Foreign: 17.0% of total | 18.4% of buyers | 15.6% of sellers
Regional: 11.7% of total | 15.7% of buyers | 7.7% of sellers
Domestic: 71.3% of total | 65.9% of buyers | 76.7% of sellers
WTI: USD 51.78 (+0.82%)
Brent: USD 54.45 (+0.91%)
Natural Gas (Nymex, futures prices) USD 3.21 MMBtu, (+0.09%, June 2017 contract)
Gold: USD 1,257.00 / troy ounce (+0.31%)
TASI: 6,901.43 (-0.50%) (YTD: -4.29%)
ADX: 4,532.24 (-0.30%) (YTD: -0.31%)
DFM: 3,351.51 (-0.36%) (YTD: -5.08%)
KSE Weighted Index: 402.52 (-0.43%) (YTD: +5.90%)
QE: 10,087.35 (-0.35%) (YTD: -3.35%)
MSM: 5,392.31 (-0.17%) (YTD: -6.75%)
BB: 1,314.02 (+0.32%) (YTD: +7.67%)