BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0415 | Sell 18.1412
EGP / USD at CIB: Buy 18.05 | Sell 18.15
EGP / USD at NBE: Buy 17.95 | Sell 18.05
EGX30 (Wednesday): 13,502 (-0.2%)
Turnover: EGP 1.0 bn (39% below the 90-day average)
EGX 30 year-to-date: +9.4%
THE MARKET ON WEDNESDAY: The EGX30 was down 0.2%. The EGX30’s heaviest constituent, CIB, was down 0.2% on the day. The index’s top performing constituents were Madinet Nasr for Housing & Development, up 2.5%, Eastern Company, up 2.4%, and Arabian Cement Company, up 1.8%. Yesterday’s worst performing stocks were Porto Group, down 4.9%, Amer Group, down 2.6%, and TMGH, down 2.1%. The market turnover was EGP 1.0 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +66.4 mn
Regional: Net Short | EGP -2.4 mn
Domestic: Net Short | EGP -64.0 mn
Retail: 54.3% of total trades | 54.9% of buyers | 53.7% of sellers
Institutions: 45.7% of total trades | 45.1% of buyers | 46.3% of sellers
Foreign: 30.5% of total | 33.8% of buyers | 27.2% of sellers
Regional: 6.4% of total | 6.2% of buyers | 6.5% of sellers
Domestic: 63.1% of total | 60.0% of buyers | 66.3% of sellers
WTI: USD 44.64 (-0.20%)
Brent: USD 46.96 (-0.09%)
Natural Gas (Nymex, futures prices) USD 2.95 MMBtu, (+0.44%, July 2017 contract)
Gold: USD 1,267.90 / troy ounce (-0.63%)
TASI: 6,853.54 (+0.48%) (YTD: -4.95%)
ADX: 4,535.57 (-0.04%) (YTD: -0.24%)
DFM: 3,450.78 (+0.26%) (YTD: -2.27%)
KSE Weighted Index: 398.53 (+0.11%) (YTD: +4.85%)
QE: 9,189.98 (+1.04%) (YTD: -11.95%)
MSM: 5,300.17 (-0.24%) (YTD: -8.34%)
BB: 1,327.03 (-0.03%) (YTD: +8.73%)