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 (Thursday): 13,433 (+0.9%)
Turnover: EGP 1.1 bn (24% above the 90-day average)
EGX 30 year-to-date: +8.8%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.9%. CIB, the index heaviest constituent close up 0.5%. EGX30’s top performing constituents were: Egyptian Resorts up 6.3%; Porto Group up 4.7%; and Egyptian Iron and Steel up 4.5%. Thursday’s worst performing stocks included: Oriental Weavers down 2.2%; Cairo Oils and Soap down 1.0%; and Global Telecom down 0.4%. The market turnover was EGP 1.1 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +78.7 mn
Regional: Net Long | EGP +0.7 mn
Domestic: Net Short | EGP -79.4 mn
Retail: 66.7% of total trades | 62.1% of buyers | 71.2% of sellers
Institutions: 33.3% of total trades | 37.9% of buyers | 28.8% of sellers
Foreign: 19.7% of total | 23.3% of buyers | 16% of sellers
Regional: 11% of total | 11% of buyers | 10.9% of sellers
Domestic: 69.3% of total | 65.7% of buyers | 73.1% of sellers
WTI: USD 47.48 (-3.28%)
Brent: USD 53.78 (-1.3%)
Natural Gas (Nymex, futures prices) USD 2.89 MMBtu, (-3.05%, October 2017 contract)
Gold: USD 1,351.2 / troy ounce (+0.07%)
TASI: 7,360.61 (+0.75%) (YTD: +2.08%)
ADX: 4,453.71 (-0.08%) (YTD: -2.04%)
DFM: 3,644.31 (+0.06%) (YTD: +3.21%)
KSE Weighted Index: 434.69 (+0.33%) (YTD: +14.37%)
QE: 8,675.46 (-0.1%) (YTD: -16.88%)
MSM: 5,047.08 (-0.35%) (YTD: -12.72%)
BB: 1,315.55 (+0.33%) (YTD: +7.79%)