The Market Yesterday
EGP / USD CBE market average: Buy 17.73 | Sell 17.83
EGP / USD at CIB: Buy 17.72 | Sell 17.82
EGP / USD at NBE: Buy 17.74 | Sell 17.84
EGX30 (SUNDAY): 13,280 (-1.4%)
Turnover: EGP 551 mn (40% below the 90-day average)
EGX 30 year-to-date: +7.6%
THE MARKET ON SUNDAY: The EGX30 ended yesterday’s session down 1.4%. CIB, the index heaviest constituent closed down 1.4%. EGX30’s top performing constituents were: Telecom Egypt up 0.6%; Porto Group and Amer Group closing flat. Today’s worst performing stocks were: EFG Hermes down 4.7%; Egyptian Resorts down 3.6%; and Heliopolis Housing down 3.3%. The market turnover was EGP 551mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +13.7 mn
Regional: Net Long | EGP +1.1 mn
Domestic: Net Short | EGP -14.8 mn
Retail: 80.5% of total trades | 81.1% of buyers | 79.9% of sellers
Institutions: 19.5% of total trades | 18.9% of buyers | 20.1% of sellers
Foreign: 6% of total | 7.2% of buyers | 4.8% of sellers
Regional: 7.8% of total | 7.9% of buyers | 7.7% of sellers
Domestic: 86.2% of total | 84.9% of buyers | 87.5% 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: 7,148.21 (-0.23%) (YTD: -0.86%)
ADX: 4,500.72 (-1.1%) (YTD: -1.0%)
DFM: 3,613.59 (-0.93%) (YTD: +2.34%)
KSE Weighted Index: 422.53 (+0.61%) (YTD: +11.7%)
QE: 9,205.22 (-0.41%) (YTD: -11.8%)
MSM: 4,969.87 (-0.43%) (YTD: -14.06%)
BB: 1,322.78 (-0.11%) (YTD: +8.38%)