The Market 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 (Monday): 13,661 (+0.88%)
Turnover: EGP 901 mn (3% below the 90-day average)
EGX 30 year-to-date: +10.7%
THE MARKET ON MONDAY: The EGX30 closed up 0.8% yesterday. EGX30’s top performing constituents were: CIB, up 1.7%; TMG Holding, up 1.6%; and Orascom Telecom Media and Technology, up 1.4%. Yesterday’s worst performing stocks were: Cairo Oils and Soap, down 2.8%; Qalaa Holdings, down 1.8; and SODIC, down 1.7%. The market turnover was EGP 901 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +69.4 mn
Regional: Net Short | EGP -19.5 mn
Domestic: Net Short | EGP -49.9 mn
Retail: 63.2% of total trades | 60.2% of buyers | 66.2% of sellers
Institutions: 36.8% of total trades | 39.8% of buyers | 33.8% of sellers
Foreign: 21.6% of total | 25.5% of buyers | 17.8% of sellers
Regional: 8.3% of total | 7.2% of buyers | 9.3% of sellers
Domestic: 70.1% of total | 67.3% of buyers | 72.9% of sellers
WTI: USD 49.31 (-0.54%)
Brent: USD 52.24 (-0.34%)
Natural Gas (Nymex, futures prices) USD 2.81 MMBtu, (+1.12%, SEPT 2017 contract)
Gold: USD 1,263.4 / troy ounce (-0.09%)
TASI: 7,113.37 (+0.27%) (YTD: -1.35%)
ADX: 4,591.71 (+0.14%) (YTD: +1.0%)
DFM: 3,658.14 (-0.21%) (YTD: +3.6%)
KSE Weighted Index: 415.44 (+0.57%) (YTD: +9.3%)
QE: 9,342.56 (-0.03%) (YTD: -10.48%)
MSM: 5,042.31 (+0.4%) (YTD: -12.8%)
BB: 1,324.39 (+0.33%) (YTD: +8.52%)