BY THE NUMBERS
EGP / USD CBE market average: Buy 18.0400 | Sell 18.1397
EGP / USD at CIB: Buy 18.05 | Sell 18.15
EGP / USD at NBE: Buy 17.95 | Sell 18.05
EGX30 (Wednesday): 13,376 (-0.3%)
Turnover: EGP 682 mn (37% below the 90-day average)
EGX 30 year-to-date: +8.4%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.3%. CIB, the index heaviest constituent ended down 1.1%. EGX30’s top performing constituents were: Eastern Co up 2.8%, Elsewedy Electric up 2.3%, and Madinet Nasr Housing up 1.7%. Yesterday’s worst performing stocks were: Orascom Telecom Media & Technology down 2.9%, Porto Group down 2.5%, and EFG Hermes down 1.4%. The market turnover was EGP 682 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -7.5 mn
Regional: Net Short | EGP -56.0 mn
Domestic: Net Long | EGP +63.5 mn
Retail: 50.1% of total trades | 53.4% of buyers | 46.7% of sellers
Institutions: 49.9% of total trades | 46.6% of buyers | 53.3% of sellers
Foreign: 30.2% of total | 29.6% of buyers | 30.7% of sellers
Regional: 13.4% of total | 9.3% of buyers | 17.5% of sellers
Domestic: 56.4% of total | 61.1% of buyers | 51.8% of sellers
WTI: USD 42.65 (+0.28%)
Brent: USD 44.91 (+0.20%)
Natural Gas (Nymex, futures prices) USD 2.89 MMBtu, (+0.03%, July 2017 contract)
Gold: USD 1,251.30 / troy ounce (+0.44%)
TASI: 7,334.87 (+5.50%) (YTD: 1.73%)
ADX: 4,459.05 (+0.07%) (YTD: -1.92%)
DFM: 3,418.30 (-0.98%) (YTD: -3.19%)
KSE Weighted Index: 403.50 (-1.05%) (YTD: 6.16%)
QE: 8,777.73 (-1.75%) (YTD: -15.90%)
MSM: 5,121.47 (-1.42%) (YTD: -11.43%)
BB: 1,313.41 (-0.44%) (YTD: +7.62%)