Powered by

EGP / USD CBE market average: Buy 17.5960 | Sell 17.6960
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70

EGX30 (Wednesday): 13,590 (+0.5%)
Turnover: EGP 2.0 bn (113% above the 90-day average)
EGX 30 year-to-date: +10.1%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.5%. CIB, the index heaviest constituent ended down 0.2%. The market’s top performing constituents were: Egyptian Iron and Steel up 16.9%; Kima up 7.4%; and Palm Hills up 6.2%. Yesterday’s worst performing stocks were: Eastern Co down 3.7%; Porto Group down 2.2%; and Telecom Egypt down 1.3%. Market turnover was EGP 2.0 bn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +168.1 mn
Regional: Net Short | EGP -31.4 mn
Domestic: Net Short | EGP -136.7 mn

Retail: 72.3% of total trades | 64.6% of buyers | 79.9% of sellers
Institutions: 27.7% of total trades | 35.4% of buyers | 20.1% of sellers

Foreign: 11.7% of total | 16% of buyers | 7.5% of sellers
Regional: 8.9% of total | 8.1% of buyers | 9.7% of sellers
Domestic: 79.4% of total | 75.9% of buyers | 82.8% of sellers

WTI: USD 52.03 (+0.29%)
Brent: USD 58.19 (+0.54%)
Natural Gas (Nymex, futures prices) USD 2.86 MMBtu, (-3.38%, November 2017 contract)
Gold: USD 1,282.7 / troy ounce (-0.27%)

TASI: 6,941.78 (-0.72%) (YTD: -3.73%)
ADX: 4,502.05 (+0.3%) (YTD: -0.97%)
DFM: 3,645.44 (+0.06%) (YTD: +3.24%)
KSE Weighted Index: 431.4 (-0.2%) (YTD: +13.5%)
QE: 8,144.11 (-1.03%) (YTD: -21.97%)
MSM: 5,090.15 (+0.03%) (YTD: -11.98%)
BB: 1,278.46 (-0.33%) (YTD: +4.75%)