The Market Yesterday
EGP / USD CBE market average: Buy 17.6101 | Sell 17.7101
EGP / USD at CIB: Buy 17.60 | Sell 17.70
EGP / USD at NBE: Buy 17.63 | Sell 17.73
EGX30 (Sunday): 13,455 (+0.2%)
Turnover: EGP 960 mn (7% above the 90-day average)
EGX 30 year-to-date: +9.0%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.2%. CIB, the index heaviest constituent ended down 0.8%. EGX30’s top performing constituents were: Egyptian Iron & Steel up 8.0%, Egyptian Resorts, and Qalaa Holdings up 6.8%. Yesterday’s worst performing stocks included: Elsewedy Electric, and Telecom Egypt down 1.0%, and Egyptian Financial & Industrial Company down 0.9%. The market turnover was EGP 960 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +57.8 mn
Regional: Net Short | EGP -14.1 mn
Domestic: Net Short | EGP -43.7 mn
Retail: 74.8% of total trades | 71.4% of buyers | 78.2% of sellers
Institutions: 25.2% of total trades | 28.6% of buyers | 21.8% of sellers
Foreign: 14.7% of total | 17.7% of buyers | 11.7% of sellers
Regional: 12.2% of total | 11.5% of buyers | 12.9% of sellers
Domestic: 73.1% of total | 70.8% of buyers | 75.4% of sellers
WTI: USD 47.71 (+0.48%)
Brent: USD 53.98 (+0.32%)
Natural Gas (Nymex, futures prices) USD 2.93 MMBtu, (+1.45%, October 2017 contract)
Gold: USD 1,341.80 / troy ounce (-0.70%)
TASI: 7,377.95 (+0.24%) (YTD: +2.32%)
ADX: 4,445.72 (-0.18%) (YTD: -2.21%)
DFM: 3,647.55 (+0.09%) (YTD: +3.30%)
KSE Weighted Index: 440.57 (+1.35%) (YTD: +15.91%)
QE: 8,666.55 (-0.10%) (YTD: -16.96%)
MSM: 5,056.57 (+0.19%) (YTD: -12.56%)
BB: 1,316.75 (+0.09%) (YTD: +7.89%)