The Market Yesterday
EGP / USD CBE market average: Buy 17.5918 | Sell 17.6918
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Sunday): 13,906 (+0.1%)
Turnover: EGP 1.0 bn (9% above the 90-day average)
EGX 30 year-to-date: +12.6%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.1%. CIB, the index heaviest constituent ended up 0.1%. EGX30’s top performing constituents were: Egyptian Iron and Steel up 6.1%, Kima up 4.8%, and Arab Cotton Ginning up 3.8%. Yesterday’s worst performing stocks were: Heliopolis Housing down 2.4%, Porto Group down 2.1%, and Sidi Kerir Petrochemicals down 1.7%. The market turnover was EGP 1.0 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -55.1 mn
Regional: Net Long | EGP +3.6 mn
Domestic: Net Long | EGP +51.6 mn
Retail: 78.6% of total trades | 80.3% of buyers | 76.9% of sellers
Institutions: 21.4% of total trades | 19.7% of buyers | 23.1% of sellers
Foreign: 10.5% of total | 7.9% of buyers | 13.1% of sellers
Regional: 7.5% of total | 7.7% of buyers | 7.4% of sellers
Domestic: 82.0% of total | 84.4% of buyers | 79.5% of sellers
WTI: USD 51.87 (+0.82%)
Brent: USD 57.62 (+0.79%)
Natural Gas (Nymex, futures prices) USD 2.97 MMBtu, (-1.10%, November 2017 contract)
Gold: USD 1,304.20 / troy ounce (-0.03%)
TASI: 6,937.94 (-0.71%) (YTD: -3.78%)
ADX: 4,518.38 (-0.17%) (YTD: -0.62%)
DFM: 3,657.54 (-0.07%) (YTD: +3.59%)
KSE Weighted Index: 430.47 (-0.25%) (YTD: +13.25%)
QE: 8,341.11 (-0.01%) (YTD: -20.08%)
MSM: 5,138.90 (+0.20%) (YTD: -11.13%)
BB: 1,274.36 (-0.03%) (YTD: +4.42%)