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Sunday, 8 October 2017

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

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 (Thursday): 13,882 (-0.4%)
Turnover: EGP 1.3 bn (42% above the 90-day average)
EGX 30 year-to-date: +12.5%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.4%. CIB, the index heaviest constituent ended down 2.1% among today’s worst performers. EGX30’s top performing constituents were: Egyptian Iron & Steel up 5.9%, Kima up 5.2%, and Sidi Kerir Petrochemicals up 3.9%. Thursday’s worst performing stocks were: Abu Dhabi Islamic Bank down 5.7% and EFG Hermes down 1.7%. The market turnover was EGP 1.3 bn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +74.7 mn
Regional: Net Short | EGP -38.7 mn
Domestic: Net Short | EGP -36.0 mn

Retail: 70.0% of total trades | 66.2% of buyers | 73.8% of sellers
Institutions: 30.0% of total trades | 33.8% of buyers | 26.2% of sellers

Foreign: 11.1% of total | 14.0% of buyers | 8.4% of sellers
Regional: 6.9% of total | 5.4% of buyers | 8.3% of sellers
Domestic: 82.0% of total | 80.6% of buyers | 83.3% of sellers

WTI: USD 49.29 (-2.95%)
Brent: USD 55.62 (-2.42%)
Natural Gas (Nymex, futures prices) USD 2.86 MMBtu, (-2.05%, November 2017 contract)
Gold: USD 1,274.90 / troy ounce (+0.13%)TASI: 7,259.22 (-0.36%) (YTD: +0.68%)
ADX: 4,414.16 (-0.44%) (YTD: -2.91%)
DFM: 3,591.10 (-0.21%) (YTD: +1.71%)
KSE Weighted Index: 438.29 (+0.20%) (YTD: +15.31%)
QE: 8,132.05 (-0.26%) (YTD: -22.08%)
MSM: 5,213.49 (+0.11%) (YTD: -9.84%)
BB: 1,274.10 (+0.01%) (YTD: +4.40%)

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