The Market Yesterday
EGP / USD CBE market average: Buy 17.6155 | Sell 17.7155
EGP / USD at CIB: Buy 17.62 | Sell 17.72
EGP / USD at NBE: Buy 17.62 | Sell 17.72
EGX30 (Tuesday): 13,704 (+0.2%)
Turnover: EGP 1.3 bn (48% above the 90-day average)
EGX 30 year-to-date: +11%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.2%. CIB, the index heaviest constituent ended down 0.1%. EGX30’s top performing constituents were: Orascom Telecom Media and Technology up 5.6%, Oriental Weavers up 4.4%, and Domty up 4.1%. Yesterday’s worst performing stocks were: Sodic down 3.0%, Qalaa Holdings down 2.9%, and Egyptian Financial and Industrial down 1.9%. The market turnover was EGP 1.3 bn and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -27.3 mn
Regional: Net Long | EGP +0.3 mn
Domestic: Net Long | EGP +27.0 mn
Retail: 76% of total trades | 73.7% of buyers | 78.2% of sellers
Institutions: 24% of total trades | 26.3% of buyers | 21.8% of sellers
Foreign: 9.2% of total | 8.2% of buyers | 10.3% of sellers
Regional: 10.1% of total | 10.1% of buyers | 10.0% of sellers
Domestic: 80.7% of total | 81.7% of buyers | 79.7% of sellers
WTI: USD 52.08 (+0.39%)
Brent: USD 58.57 (+0.22%)
Natural Gas (Nymex, futures prices) USD 2.93 MMBtu, (+0.45%, October 2017 contract)
Gold: USD 1,298.20 / troy ounce (-0.27%)
TASI: 7,240.10 (+0.22%) (YTD: +0.41%)
ADX: 4,413.79 (+0.07%) (YTD: -2.92%)
DFM: 3,561.05 (-0.23%) (YTD: +0.85%)
KSE Weighted Index: 429.74 (+0.18%) (YTD: +13.06%)
QE: 8,569.26 (+1.42%) (YTD: -17.89%)
MSM: 5,114.12 (-0.30%) (YTD: -11.56%)
BB: 1,291.03 (-0.07%) (YTD: +5.78%)