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Tuesday, 8 August 2017

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

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%)

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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