The Market Yesterday
EGP / USD CBE market average: Buy 17.6169 | Sell 17.7169
EGP / USD at CIB: Buy 17.61 | Sell 17.71
EGP / USD at NBE: Buy 17.63 | Sell 17.73
EGX30 (Monday): 13,674 (+0.5%)
Turnover: EGP 1.1 bn (28% above the 90-day average)
EGX 30 year-to-date: +10.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.5%. CIB, the index heaviest constituent ended down 0.1%. EGX30’s top performing constituents were: Abu Dhabi Islamic Bank up 7.8%, Egyptian Resorts up 6.5%, and Arab Cotton Ginning up 4.6%. Yesterday’s worst performing stocks were: Eastern Co down 1.4%, Arabian Cement down 0.6%, and AMOC down 0.4%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -42.6 mn
Regional: Net Short | EGP -0.1 mn
Domestic: Net Long | EGP +42.7 mn
Retail: 68.4% of total trades | 64.3% of buyers | 72.6% of sellers
Institutions: 31.6% of total trades | 35.7% of buyers | 27.4% of sellers
Foreign: 11.3% of total | 9.5% of buyers | 13.2% of sellers
Regional: 11.4% of total | 11.3% of buyers | 11.3% of sellers
Domestic: 77.3% of total | 79.2% of buyers | 75.5% of sellers
WTI: USD 52.12 (-0.19%)
Brent: USD 59.08 (+0.10%)
Natural Gas (Nymex, futures prices) USD 2.93 MMBtu, (+0.24%, October 2017 contract)
Gold: USD 1,313.40 / troy ounce (+0.14%)
TASI: 7,224.13 (-1.39%) (YTD: +0.19%)
ADX: 4,410.53 (-0.67%) (YTD: -2.99%)
DFM: 3,569.42 (-0.86%) (YTD: +1.09%)
KSE Weighted Index: 428.97 (-1.21%) (YTD: +12.86%)
QE: 8,449.47 (+0.64%) (YTD: -19.04%)
MSM: 5,129.54 (+0.57%) (YTD: -11.30%)
BB: 1,291.89 (-0.90%) (YTD: +5.85%)