The Market Yesterday
EGP / USD CBE market average: Buy 17.67 | Sell 17.76
EGP / USD at CIB: Buy 17.66 | Sell 17.76
EGP / USD at NBE: Buy 17.67 | Sell 17.77
EGX30 (SUNDAY): 12,913 (-0.1%)
Turnover: EGP 373 mn (58% below the 90-day average)
EGX 30 year-to-date: +4.6%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.1%. CIB, the index heaviest constituent closed down 0.5%. EGX30’s top performing constituents were: Egyptian Financial and Industrial up 3.1%; Emaar Misr up 1.9%; and EFG Hermes up 1.7%. Yesterday’s worst performing stocks were: Sidi Kerir Petrochemicals down 2.1%, Orascom Telecom Media and Technology down 1.5%, and ACC down 0.9%. The market turnover was EGP 373 mn and local investors were the sole net sellers.
Foreigners: Net Long | EGP +15.5 mn
Regional: Net Long | EGP +15.4 mn
Domestic: Net Short | EGP -30.9 mn
Retail: 76% of total trades | 78.4% of buyers | 73.5% of sellers
Institutions: 24% of total trades | 21.6% of buyers | 26.5% of sellers
Foreign: 11.7% of total | 13.7% of buyers | 9.6% of sellers
Regional: 7.7% of total | 9.8% of buyers | 5.7% of sellers
Domestic: 80.6% of total | 76.5% of buyers | 84.7% of sellers
WTI: USD 47.87 (+0.93%)
Brent: USD 52.41 (+0.37%)
Natural Gas (Nymex, futures prices) USD 2.89 MMBtu, (-1.93%, September 2017 contract)
Gold: USD 1,297.9/ troy ounce (+0.46%)
TASI: 7,225.18 (-0.28%) (YTD: +0.2%)
ADX: 4,479.99 (-0.31%) (YTD: -1.46%)
DFM: 3,602.55 (-0.61%) (YTD: +2.03%)
KSE Weighted Index: 430.46 (+0.21%) (YTD: +13.25%)
QE: 8,933.52 (-0.2%) (YTD: -14.4%)
MSM: 4,962.54 (+0.32%) (YTD: -14.18%)
BB: 1,302.11 (0.00%) (YTD: +6.69%)