The Market Yesterday
EGP / USD CBE market average: Buy 17.71 | Sell 17.81
EGP / USD at CIB: Buy 17.71 | Sell 17.81
EGP / USD at NBE: Buy 17.73 | Sell 17.83
EGX30 (MONDAY): 13,135 (-1.1%)
Turnover: EGP 620 mn (33% below the 90-day average)
EGX 30 year-to-date: +6.4%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.1%. CIB, the index’s heaviest constituent, closed down 1.3%. EGX30’s top performing constituents were: Sidi Kerir Petrochemicals up 0.7%; Telecom Egypt up 0.5%; and AMOC up 0.4%. Today’s worst performing stocks were: Heliopolis Housing down 3.1%; Amer Group down 3.0%; and Pioneers Holding down 2.8%. Market turnover was EGP 620 mn; regional investors were the sole net buyers.
Foreigners: Net Short | EGP -14.8mn
Regional: Net Long | EGP +17.6 mn
Domestic: Net Short | EGP -2.8 mn
Retail: 71.1% of total trades | 71.9% of buyers | 70.3% of sellers
Institutions: 28.9% of total trades | 28.1% of buyers | 29.7% of sellers
Foreign: 14.4% of total | 13.2% of buyers | 15.6% of sellers
Regional: 8.7% of total | 10.1% of buyers | 7.3% of sellers
Domestic: 76.9% of total | 76.7% of buyers | 77.1% of sellers
WTI: USD 47.57 (-0.04%)
Brent: USD 50.73 (-2.63%)
Natural Gas (Nymex, futures prices) USD 2.96 MMBtu, (+0.4%, September 2017 contract)
Gold: USD 1,281.10 / troy ounce (-0.72%)
TASI: 7,125.47 (-0.32%) (YTD: -1.18%)
ADX: 4,480.58 (-0.45%) (YTD: -1.45%)
DFM: 3,585.91 (-0.77%) (YTD: +1.56%)
KSE Weighted Index: 424.77 (+0.53%) (YTD: +11.76%)
QE: 9,191.73 (-0.15%) (YTD: -11.93%)
MSM: 4,977.53 (+0.15%) (YTD: -13.92%)
BB: 1,319.1 (-0.28%) (YTD: +8.08%)