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Sunday, 13 August 2017

The Market Yesterday

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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 (Thursday): 13,462 (-0.9%)
Turnover: EGP 695 mn (25% below the 90-day average)
EGX 30 year-to-date: +9.1%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.9%. CIB, the index heaviest constituent closed down 1.4%. EGX30’s top performing constituents were: Abu Dhabi Islamic Bank up 4.7%; Telecom Egypt up 1.5%; and Sidi Kerir Petrochemicals up 0.4%. Today’s worst performing stocks were: Egyptian Financial and Industrial down 2.6%; Madinet Nasr Housing down 1.7%; and Cairo Oils and Soap down 1.5%. The market turnover was EGP 695 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP – 17 mn
Regional: Net Short | EGP – 2 mn
Domestic: Net Long | EGP + 19 mn

Retail: 72.3% of total trades | 76.7% of buyers | 67.8% of sellers
Institutions: 27.7% of total trades | 23.3% of buyers | 32.2% of sellers

Foreign: 12.2% of total | 10.9% of buyers | 13.4% of sellers
Regional: 8.1% of total | 8.0% of buyers | 8.2% of sellers
Domestic: 79.7% of total | 81.1% of buyers | 78.4% of sellers

WTI: USD 48.82 (+0.47%)
Brent: USD 52.1 (0.39%)
Natural Gas (Nymex, futures prices) USD 2.98 MMBtu, (-0.07%, September 2017 contract)
Gold: USD 1,294 / troy ounce (+0.3%)

TASI: 7,164.64 (+0.16%) (YTD: -0.64%)
ADX: 4,550.93 (-0.12%) (YTD: +0.1%)
DFM: 3,647.33 (+0.12%) (YTD: +3.3%)
KSE Weighted Index: 419.95 (+0.48%) (YTD: +10.49%)
QE: 9,242.82 (-0.69%) (YTD: -11.44%)
MSM: 4,991.51 (-0.06%) (YTD: -13.68%)
BB: 1,324.28 (+0.06%) (YTD: +8.51%)

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