The Market Yesterday
EGP / USD CBE market average: Buy 17.6313 | Sell 17.7313
EGP / USD at CIB: Buy 17.63 | Sell 17.73
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Monday): 13,014 (+0.8%)
Turnover: EGP 731 mn (18% below the 90-day average)
EGX 30 year-to-date: +5.4%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.8%. CIB, the index heaviest constituent ended up 0.9%. EGX30’s top performing constituents were: Telecom Egypt up 4.6%, Qalaa Holdings up 4.5%, and Emaar Misr up 3.4%. Yesterday’s worst performing stocks were: Heliopolis Housing down 0.7%, Sidi Kerir Petrochemicals down 0.7%, and EFG Hermes down 0.3%. Market turnover was EGP 731 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +83.3 mn
Regional: Net Short | EGP -44.7 mn
Domestic: Net Short | EGP -38.6 mn
Retail: 58.2% of total trades | 58.0% of buyers | 58.5% of sellers
Institutions: 41.8% of total trades | 42.0% of buyers | 41.5% of sellers
Foreign: 25.8% of total | 31.5% of buyers | 20.1% of sellers
Regional: 10.4% of total | 7.4% of buyers | 13.5% of sellers
Domestic: 63.8% of total | 61.1% of buyers | 66.4% of sellers
WTI: USD 46.75 (+0.39%)
Brent: USD 51.89 (-0.99%)
Natural Gas (Nymex, futures prices) USD 2.91 MMBtu, (-0.44%, September 2017 contract)
Gold: USD 1,321.90 / troy ounce (+0.50%)
TASI: 7,261.84 (+0.51%) (YTD: +0.71%)
ADX: 4,485.01 (+0.11%) (YTD: -1.35%)
DFM: 3,613.06 (+0.29%) (YTD: +2.33%)
KSE Weighted Index: 430.97 (+0.12%) (YTD: +13.39%)
QE: 8,941.01 (+0.08%) (YTD: -14.33%)
MSM: 5,003.68 (+0.83%) (YTD: -13.47%)
BB: 1,300.67 (-0.11%) (YTD: +6.57%)