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Thursday, 3 August 2017


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Pharos Holding -

EGP / USD CBE market average: Buy 17.7901 | Sell 17.8901
EGP / USD at CIB: Buy 17.81 | Sell 17.91
EGP / USD at NBE: Buy 17.77 | Sell 17.87

EGX30 (Wednesday): 13,405 (+0.1%)
Turnover: EGP 700 mn
EGX 30 year-to-date: +8.6%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.1%. CIB, the index heaviest constituent ended almost flat. EGX30’s top performing constituents were: Qalaa Holdings up 3.8%, Domty up 2.4%, and ACC up 2.4%. Yesterday’s worst performing stocks were: AMOC down 1.8%, Pioneers Holding down 1.3%, and Egyptian Iron and Steel down 1.2%. The market turnover was EGP 700 mn, and local investors were the sole net sellers.

Foreigners: Net Long | EGP +72.60 mn
Regional: Net Long | EGP +5.40 mn
Domestic: Net Short | EGP -78.0 mn

Retail: 67.3% of total trades | 65.1% of buyers | 69.5% of sellers
Institutions: 32.7% of total trades | 34.9% of buyers | 30.5% of sellers

Foreign: 21.1% of total | 26.3% of buyers | 15.9% of sellers
Regional: 7.0% of total | 7.4% of buyers | 6.6% of sellers
Domestic: 71.9% of total | 66.3% of buyers | 77.5% of sellers

WTI: USD 49.51 (-0.16%)
Brent: USD 52.24 (-0.23%)
Natural Gas (Nymex, futures prices) USD 2.82 MMBtu, (+0.18%, September 2017 contract)
Gold: USD 1,269.50 / troy ounce (-0.70%)TASI: 7,080.87 (-0.40%) (YTD: -1.80%)
ADX: 4,608.29 (+1.02%) (YTD: +1.36%)
DFM: 3,660.94 (+0.32%) (YTD: +3.68%)
KSE Weighted Index: 413.12 (-0.15%) (YTD: +8.69%)
QE: 9,360.59 (+0.56%) (YTD: -10.31%)
MSM: 5,074.39 (+0.51%) (YTD: -12.25%)
BB: 1,326.16 (-0.14%) (YTD: +8.66%)

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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