The Market Yesterday
EGP / USD CBE market average: Buy 17.61 | Sell 17.71
EGP / USD at CIB: Buy 17.6 | Sell 17.7
EGP / USD at NBE: Buy 17.63 | Sell 17.73
EGX30 (Tuesday): 13,415 (-0.0%)
Turnover: EGP 624 mn (29% below the 90-day average)
EGX 30 year-to-date: +8.7%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session almost flat. CIB, the index heaviest constituent closed down 0.4%. EGX30’s top performing constituents were: Porto Group up 5.1%; Egyptian Resorts up 3.9%, and Qalaa Holdings up 3.2%. Yesterday’s worst performing stocks were: Global Telecom down 3.0%; Sidi Kerir Petrochemicals down 0.6%; and Cairo Oils and Soap down 0.4%. The market turnover was EGP 624 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long| EGP +91.4 mn
Regional: Net Short | EGP -76.6 mn
Domestic: Net Short | EGP -14.8 mn
Retail: 60.6% of total trades | 58.3% of buyers | 62.9% of sellers
Institutions: 39.4% of total trades | 41.7% of buyers | 37.1% of sellers
Foreign: 24.8% of total | 32.2% of buyers | 17.5% of sellers
Regional: 10.0% of total | 3.8% of buyers | 16.1% of sellers
Domestic: 65.2% of total | 64.0% of buyers | 66.4% of sellers
WTI: USD 48.55 (+2.66%)
Brent: USD 53.14 (+1.53%)
Natural Gas (Nymex, futures prices) USD 2.98 MMBtu, (-3.06%, October 2017 contract)
Gold: USD 1,346.3 / troy ounce (+1.2%)
TASI: 7,258.64 (-0.04%) (YTD: +0.67%)
ADX: 4,478.73 (-0.06%) (YTD: -1.49%)
DFM: 3,624.15 (-0.3%) (YTD: +2.64%)
KSE Weighted Index: 432.21 (+0.38%) (YTD: +13.71%)
QE: 8,800.56 (-0.66%) (YTD: -15.68%)
MSM: 5,063.11 (+0.21%) (YTD: -12.44%)
BB: 1,302.46 (+0.28%) (YTD: +6.72%)