The Markets Yesterday
EGP / USD CBE market average: Buy 17.74 | Sell 17.84
EGP / USD at CIB: Buy 17.75 | Sell 17.85
EGP / USD at NBE: Buy 17.75 | Sell 17.85
EGX30 (Sunday): 13,558 (+1.1%)
Turnover: EGP 680 mn (27% below the 90-day average)
EGX 30 year-to-date: +9.8%
THE MARKET ON SUNDAY: The EGX30 closed up 1.1% yesterday. CIB, the index’s heaviest constituent, ended up 1.1%. The EGX30’s top performing constituents were: Sidi Kerir Petrochemicals, up 5.5%; Heliopolis Housing, up 3.3%; and Amer Group, up 3.2%. Yesterday’s worst performing stocks were Eastern, down 1.5%; Egyptian Financial and Industrial, down 1.5%; and Domty, down 1.4%. The market turnover was EGP 680 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP + 39 mn
Regional: Net Short | EGP – 18.5 mn
Domestic: Net Short | EGP – 20.5 mn
Retail: 72% of total trades | 65.6% of buyers | 78.4% of sellers
Institutions: 28% of total trades | 34.4% of buyers | 21.6% of sellers
Foreign: 8.5% of total | 11.4% of buyers | 5.6% of sellers
Regional: 8.1% of total | 6.7% of buyers | 9.5% of sellers
Domestic: 83.4% of total | 81.9% of buyers | 84.9% of sellers
WTI: USD 49.58 (+1.12%)
Brent: USD 52.42 (+0.79%)
Natural Gas (Nymex, futures prices) USD 2.77 MMBtu, (-0.93%, Sept 2017 contract)
Gold: USD 1,264.6 / troy ounce (-0.77%)
TASI: 7,094.28 (+0.12%) (YTD: -1.61%)
ADX: 4,585.51 (-0.23%) (YTD: +0.86%)
DFM: 3,665.94 (-0.25%) (YTD: +3.83%)
KSE Weighted Index: 413.08 (+0.09%) (YTD: +8.68%)
QE: 9,345.37 (-0.56%) (YTD: -10.46%)
MSM: 5,022.43 (-0.69%) (YTD: -13.15%)
BB: 1,319.97 (-0.2%) (YTD: +8.15%)