The Market Yesterday
EGP / USD CBE market average: Buy 17.5974 | Sell 17.6974
EGP / USD at CIB: Buy 17.60 | Sell 17.70
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Sunday): 13,998 (+0.8%)
Turnover: EGP 1.2 bn (32% above the 90-day average)
EGX 30 year-to-date: +13.4%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.8%. CIB, the index heaviest constituent ended up 0.1%. EGX30’s top performing constituents were: Egyptian Iron & Steel up 9.0%, AMOC up 8.4%, and Kima up 6.8%. Yesterday’s worst performing stocks were: Eastern Co down 1.5%, Oriental Weavers, and Ezz Steel both ended flat. The market turnover was EGP 1.2 bn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +31.9 mn
Regional: Net Short | EGP -40.1 mn
Domestic: Net Long | EGP +8.2 mn
Retail: 74.9% of total trades | 74.1% of buyers | 75.8% of sellers
Institutions: 25.1% of total trades | 25.9% of buyers | 24.2% of sellers
Foreign: 9.6% of total | 10.8% of buyers | 8.2% of sellers
Regional: 8.7% of total | 7.1% of buyers | 10.4% of sellers
Domestic: 81.7% of total | 82.1% of buyers | 81.4% 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: 7,194.06 (-0.90%) (YTD: -0.23%)
ADX: 4,429.79 (+0.35%) (YTD: -2.56%)
DFM: 3,611.31 (+0.56%) (YTD: +2.28%)
KSE Weighted Index: 440.35 (+0.47%) (YTD: +15.85%)
QE: 8,137.57 (+0.07%) (YTD: -22.03%)
MSM: 5,168.12 (-0.87%) (YTD: -10.63%)
BB: 1,279.21 (+0.40%) (YTD: +4.81%)