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Tuesday, 30 May 2017

BY THE NUMBERS

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EGP / USD CBE market average: Buy 18.0312 | Sell 18.1341
EGP / USD at CIB: Buy 18.05 | Sell 18.15
EGP / USD at NBE: Buy 17.95 | Sell 18.05

EGX30 (Monday): 13,207 (0.0%)
Turnover: EGP 863 mn (39% below the 90-day average)
EGX 30 year-to-date: +6.9%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session almost flat. CIB, the index heaviest constituent ended almost flat as well. EGX30’s top performing constituents were: Orascom Construction up 4.6%, TMG up 1.7%, and SODIC up 1.4%. Yesterday’s worst performing stocks were: Qalaa Holdings down 2.4%, Egyptian Resorts down 2.0%, and Eastern Co down 1.9%. The market turnover was EGP 863 mn, and local investors were the sole net sellers.

Foreigners: Net Long | EGP +94.2 mn
Regional: Net Long | EGP +4.0 mn
Domestic: Net Short | EGP -98.2 mn

Retail: 64.0% of total trades | 61.4% of buyers | 66.6% of sellers
Institutions: 36.0% of total trades | 38.6% of buyers | 33.4% of sellers

Foreign: 17.1% of total | 22.5% of buyers | 11.7% of sellers
Regional: 13.9% of total | 14.1% of buyers | 13.6% of sellers
Domestic: 69.1% of total | 63.4% of buyers | 74.7% of sellers

WTI: USD 49.94 (+0.28%)
Brent: USD 52.25 (-0.08%)
Natural Gas (Nymex, futures prices) USD 3.21 MMBtu, (-3.08%, July 2017 contract)
Gold: USD 1,269.60 / troy ounce (-0.14%)

TASI: 6,821.71 (+0.56%) (YTD: -5.39%)
ADX: 4,492.92 (-0.08%) (YTD: -1.18%)
DFM: 3,318.12 (+0.74%) (YTD: -6.03%)
KSE Weighted Index: 401.16 (+0.04%) (YTD: +5.54%)
QE: 10,112.39 (-0.11%) (YTD: -3.11%)
MSM: 5,385.21 (-0.03%) (YTD: -6.87%)
BB: 1,318.72 (+0.10%) (YTD: +8.05%)

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. © 2021 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of Commercial International Bank (tax ID: 204-891-949), the largest private-sector bank 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; and Act Financial (tax ID: 493-924-612), the leading activist investor in Egypt; and Abu Auf (tax ID: 584-628-846), the leading health foodmaker in Egypt and the region.