The Market Yesterday
EGP / USD CBE market average: Buy 17.72 | Sell 17.82
EGP / USD at CIB: Buy 17.72 | Sell 17.82
EGP / USD at NBE: Buy 17.73 | Sell 17.83
EGX30 (TUESDAY): 13,102 (-0.3%)
Turnover: EGP 782 mn (15% below the 90-day average)
EGX 30 year-to-date: +6.1%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.3%. CIB, the index heaviest constituent closed down 0.2%. EGX30’s top performing constituents were: Sidi Kerir Petrochemicals up 3.3%; Oriental Weavers up 2.3%; and AMOC up 1.2%. Today’s worst performing stocks were: Pioneers Holding down 3.3%; Amer Group down 3.1%; and Qalaa Holdings down 2.7%. The market turnover was EGP 782 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -6.0 mn
Regional: Net Long | EGP +22.9 mn
Domestic: Net Short | EGP -16.9 mn
Retail: 66.2% of total trades | 64.6% of buyers | 67.7% of sellers
Institutions: 33.8% of total trades | 35.4% of buyers | 32.3% of sellers
Foreign: 15.2% of total | 14.9% of buyers | 15.6% of sellers
Regional: 7.4% of total | 8.9% of buyers | 6.0% of sellers
Domestic: 77.4% of total | 76.2% of buyers | 78.4% of sellers
WTI: USD 47.56 (+0.13%)
Brent: USD 50.89 (+0.32%)
Natural Gas (Nymex, futures prices) USD 2.93 MMBtu, (-1.05%, September 2017 contract)
Gold: USD 1,278.2 / troy ounce (-0.95%)
TASI: 7,103.24 (-0.31%) (YTD: -1.49%)
ADX: 4,471.11 (-0.21%) (YTD: -1.66%)
DFM: 3,579.56 (-0.18%) (YTD: +1.38%)
KSE Weighted Index: 424.53 (-0.06%) (YTD: +11.69%)
QE: 9,134.36 (-0.62%) (YTD: -12.48%)
MSM: 4,938.53 (-0.78%) (YTD: -14.6%)
BB: 1,311.8 (-0.55%) (YTD: +7.49%)