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Thursday, 7 September 2017

The Market Yesterday

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EGP / USD CBE market average: Buy 17.6093 | Sell 17.7093
EGP / USD at CIB: Buy 17.60 | Sell 17.70
EGP / USD at NBE: Buy 17.63 | Sell 17.73

EGX30 (Wednesday): 13,318 (-0.7%)
Turnover: EGP 719 mn (19% below the 90-day average)
EGX 30 year-to-date: +7.9%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.7%. CIB, the index heaviest constituent ended down 1.8%, among yesterday’s worst performing stocks. EGX30’s top performing constituents were: Egyptian Financial & Industrial Company up 8.3%, Porto Group up 4.9%, and Egyptian Resorts up 3.7%. Yesterday’s worst performing stocks included: Emaar Misr down 1.7%, and Telecom Egypt down 1.3%. The market turnover was EGP 719 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +7.4 mn
Regional: Net Short | EGP -5.2 mn
Domestic: Net Short | EGP -2.2 mn

Retail: 64.0% of total trades | 64.3% of buyers | 63.6% of sellers
Institutions: 36.0% of total trades | 35.7% of buyers | 36.4% of sellers

Foreign: 19.3% of total | 19.8% of buyers | 18.8% of sellers
Regional: 11.6% of total | 11.3% of buyers | 12.0% of sellers
Domestic: 69.1% of total | 68.9% of buyers | 69.2% of sellers

WTI: USD 49.14 (-0.04%)
Brent: USD 54.13 (-0.13%)
Natural Gas (Nymex, futures prices) USD 3.01 MMBtu, (+0.30%, October 2017 contract)
Gold: USD 1,338.50 / troy ounce (-0.04%)TASI: 7,306.12 (+0.65%) (YTD: +1.33%)
ADX: 4,457.12 (-0.48%) (YTD: -1.96%)
DFM: 3,642.08 (+0.49%) (YTD: +3.15%)
KSE Weighted Index: 433.25 (+0.24%) (YTD: +13.99%)
QE: 8,684.55 (-1.32%) (YTD: -16.79%)
MSM: 5,064.58 (+0.03%) (YTD: -12.42%)
BB: 1,311.17 (+0.67%) (YTD: +7.43%)

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