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Thursday, 15 June 2017


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Pharos Holding -

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%)

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. © 2022 Enterprise Ventures LLC.

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