The Market Yesterday
EGP / USD CBE market average: Buy 17.6797 | Sell 17.7797
EGP / USD at CIB: Buy 17.68 | Sell 17.78
EGP / USD at NBE: Buy 17.69 | Sell 17.79
EGX30 (Thursday): 12,926 (-0.5%)
Turnover: EGP 478 mn (46% below the 90-day average)
EGX 30 year-to-date: +4.7%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.5%. CIB, the index heaviest constituent ended almost flat. EGX30’s top performing constituents were: Emaar Misr up 1.2%, Egyptian Financial and Industrial up 0.4%, and Telecom Egypt up 0.1%. Thursday’s worst performing stocks were: ACC down 4.1%, Heliopolis Housing down 3.7%, and Kima down 3.3%. The market turnover was EGP 478 mn, and local investors were the sole net sellers.
Foreigners: Net Long| EGP +113.0 mn
Regional: Net Long | EGP +17.4 mn
Domestic: Net Short | EGP -130.4 mn
Retail: 57.0% of total trades | 53.9% of buyers | 60.0% of sellers
Institutions: 43.0% of total trades | 46.1% of buyers | 40.0% of sellers
Foreign: 23.0% of total | 34.8% of buyers | 11.2% of sellers
Regional: 5.0% of total | 6.8% of buyers | 3.2% of sellers
Domestic: 72.0% of total | 58.4% of buyers | 85.6% of sellers
WTI: USD 47.87 (+0.93%)
Brent: USD 52.41 (+0.71%)
Natural Gas (Nymex, futures prices) USD 2.89 MMBtu, (-1.93%, September 2017 contract)
Gold: USD 1,297.90 / troy ounce (+0.46%)
TASI: 7,245.66 (-0.25%) (YTD: +0.49%)
ADX: 4,493.81 (+0.14%) (YTD: -1.16%)
DFM: 3,624.49 (-0.01%) (YTD: +2.65%)
KSE Weighted Index: 429.54 (+0.13%) (YTD: +13.01%)
QE: 8,951.82 (-1.12%) (YTD: -14.23%)
MSM: 4,946.89 (-0.17%) (YTD: -14.45%)
BB: 1,302.13 (-0.24%) (YTD: +6.69%)