The Market Yesterday
EGP / USD CBE market average: Buy 17.59 | Sell 17.69
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.6 | Sell 17.7
EGX30 (Thursday): 13,892 (+0.6%)
Turnover: EGP 1.1 bn (19% above the 90-day average)
EGX 30 year-to-date: +12.5%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.6%. CIB, the index heaviest constituent closed up 1.0%. EGX30’s top performing constituents were: Oriental Weavers up 4.6%; Elsewedy Electric up 3.7%; and Abu Dhabi Islamic Bank up 1.6%. Today’s worst performing stocks were: Porto Group down 5.9%, Amer Group down 2.6%; and Qalaa Holdings down 2.2%. The market turnover was EGP1.1 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +70.5 mn
Regional: Net Short | EGP -17.8 mn
Domestic: Net Short | EGP -52.7 mn
Retail: 68.1% of total trades | 66.4% of buyers | 69.9% of sellers
Institutions: 31.9% of total trades | 33.6% of buyers | 30.1% of sellers
Foreign: 20.4% of total | 23.6% of buyers | 17.2% of sellers
Regional: 5.0% of total | 4.2% of buyers | 5.8% of sellers
Domestic: 74.6% of total | 72.2% of buyers | 77% of sellers
WTI: USD 51.45 (+1.68%)
Brent: USD 57.17 (+1.64%)
Natural Gas (Nymex, futures prices) USD 3.0 MMBtu, (+0.37%, NOV 2017 contract)
Gold: USD 1,304.6 / troy ounce (+0.62%)
TASI: 6,987.76 (+1.42%) (YTD: -3.09%)
ADX: 4,525.88 (+0.24%) (YTD: -0.45%)
DFM: 3,660.27 (+0.62%) (YTD: +3.66%)
KSE Weighted Index: 431.55 (+0.1%) (YTD: +13.54%)
QE: 8,342.09 (+0.1%) (YTD: -20.07%)
MSM: 5,128.48 (+0.13%) (YTD: -11.31%)
BB: 1,274.75 (-0.01%) (YTD: +4.45%)