The Market Yesterday
EGP / USD CBE market average: Buy 17.71 | Sell 17.81
EGP / USD at CIB: Buy 17.72 | Sell 17.82
EGP / USD at NBE: Buy 17.72 | Sell 17.82
EGX30 (Thursday): 13,119 (-0.2%)
Turnover: EGP 668 mn (27% below the 90-day average)
EGX 30 year-to-date: +6.3%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.2%. CIB, the index heaviest constituent ended down 0.4%. EGX30’s top performing constituents were: Elsewedy Electric, up 3.3%; Telecom Egypt, up 1.4%, and Eastern, up 1.3%. Today’s worst performing stocks were: Egyptian Financial and Industrial, down 3.0%; Pioneers Holding, down 2.5%; and Arabian Cement, down 2.2%. The market turnover was EGP 668 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -78.1 mn
Regional: Net Long | EGP +85.4 mn
Domestic: Net Short | EGP -7.3 mn
Retail: 52.8% of total trades | 52.9% of buyers | 52.7% of sellers
Institutions: 47.2% of total trades | 47.1% of buyers | 47.3% of sellers
Foreign: 25.7% of total | 19.9% of buyers | 31.5% of sellers
Regional: 12.7% of total | 19.1% of buyers | 6.3% of sellers
Domestic: 61.6% of total | 61.0% of buyers | 62.2% of sellers
WTI: USD 48.51 (+3.02%)
Brent: USD 52.72 (+3.31%)
Natural Gas (Nymex, futures prices) USD 2.89 MMBtu, (-1.23%, September 2017 contract)
Gold: USD 1,291.6 / troy ounce (-0.06%)
TASI: 7,179.34 (+0.72%) (YTD: -0.43%)
ADX: 4,492.66 (-0.10%) (YTD: -1.18%)
DFM: 3,601.2 (+0.33%) (YTD: +1.99%)
KSE Weighted Index: 424.83 (+0.15%) (YTD: +11.77%)
QE: 9,106.19 (+0.93%) (YTD: -12.75%)
MSM: 4,889.28 (-0.47%) (YTD: -15.45%)
BB: 1,298.94 (-0.92%) (YTD: +6.43%)