BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0324 | Sell 18.1353
EGP / USD at CIB: Buy 18.05 | Sell 18.15
EGP / USD at NBE: Buy 17.95 | Sell 18.05
EGX30 (Wednesday): 13,340 (+0.8%)
Turnover: EGP 2.9 bn (41% below the 90-day average)
EGX 30 year-to-date: +8.1%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.8%. CIB, the index heaviest constituent ended up 3.0%. EGX30’s top performing constituents were: CIB up 3.0%, Credit Agricole up 2.4%, and Heliopolis Housing up 1.4%. Yesterday’s worst performing stocks were: Cairo Oils & Soap down 3.8%, Juhayna down 3.3%, and Sidi Kerir Petrochemicals down 3.2%. The market turnover was EGP 2.9 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +264.1 mn
Regional: Net Short | EGP -111.1 mn
Domestic: Net Short | EGP -153.0 mn
Retail: 29.2% of total trades | 27.7% of buyers | 30.6% of sellers
Institutions: 70.8% of total trades | 72.3% of buyers | 69.4% of sellers
Foreign: 49.2% of total | 53.8% of buyers | 44.7% of sellers
Regional: 11.2% of total | 9.3% of buyers | 13.1% of sellers
Domestic: 39.6% of total | 36.9% of buyers | 42.2% of sellers
WTI: USD 48.75 (+0.89%)
Brent: USD 50.31 (-2.95%)
Natural Gas (Nymex, futures prices) USD 3.09 MMBtu, (+0.62%, July 2017 contract)
Gold: USD 1,269.90 / troy ounce (-0.43%)
TASI: 6,871.24 (+0.01%) (YTD: -4.70%)
ADX: 4,427.30 (-1.65%) (YTD: -2.62%)
DFM: 3,339.37 (-0.03%) (YTD: -5.42%)
KSE Weighted Index: 404.46 (+0.59%) (YTD: +6.41%)
QE: 9,901.38 (-1.61%) (YTD: -5.13%)
MSM: 5,421.95 (+0.36%) (YTD: -6.24%)
BB: 1,319.75 (-0.04%) (YTD: +8.14%)