The Market Yesterday
EGP / USD CBE market average: Buy 17.6012 | Sell 17.7012
EGP / USD at CIB: Buy 17.60 | Sell 17.70
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Tuesday): 13,931 (-0.5%)
Turnover: EGP 1.2 bn (32% above the 90-day average)
EGX 30 year-to-date: +12.8%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.5%. CIB, the index heaviest constituent ended down 1.1%. EGX30’s top performing constituents were: Telecom Egypt up 4.3%, Eastern Co up 3.7%, and Kima up 3.4%. Today’s worst performing stocks were: EFG Hermes down 4.8%, Pioneers Holding down 2.4%, and Porto Group down 2.0%. The market turnover was EGP 1.2 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -77.4 mn
Regional: Net Short | EGP -14.8 mn
Domestic: Net Long | EGP +92.2 mn
Retail: 61.5% of total trades | 61.4% of buyers | 61.6% of sellers
Institutions: 38.5% of total trades | 38.6% of buyers | 38.4% of sellers
Foreign: 18.8% of total | 15.6% of buyers | 22.0% of sellers
Regional: 6.5% of total | 5.8% of buyers | 7.0% of sellers
Domestic: 74.7% of total | 78.6% of buyers | 71.0% of sellers
WTI: USD 50.42 (-0.32%)
Brent: USD 55.71 (-0.73%)
Natural Gas (Nymex, futures prices) USD 2.90 MMBtu, (-0.72%, November 2017 contract)
Gold: USD 1,274.60 / troy ounce (-0.09%)
TASI: 7,244.38 (+0.28%) (YTD: +0.47%)
ADX: 4,441.13 (+0.31%) (YTD: -2.31%)
DFM: 3,570.20 (+0.25%) (YTD: +1.11%)
KSE Weighted Index: 436.86 (+0.42%) (YTD: +14.94%)
QE: 8,284.68 (-0.21%) (YTD: -20.62%)
MSM: 5,225.24 (+0.75%) (YTD: -9.64%)
BB: 1,278.07 (-0.42%) (YTD: +4.72%)