The Market Yesterday
EGP / USD CBE market average: Buy 17.5975 | Sell 17.6974
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Monday): 13,870 (+1.2%)
Turnover: EGP 1.3 bn (40% above the 90-day average)
EGX 30 year-to-date: +12.4%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.2%. CIB, the index heaviest constituent ended up 0.7%. EGX30’s top performing constituents were: Emaar Misr up 6.7%, Palm Hills up 5.3%, and EFG Hermes up 3.4%. Yesterday’s worst performing stocks were: Egyptian Iron and Steel down 3.8%, Kima down 3.3%, and Egyptian Financial and Industrial down 1.8%. The market turnover was EGP 1.3 bn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -226.6 mn
Regional: Net Long | EGP +269.6 mn
Domestic: Net Short | EGP -43.0 mn
Retail: 59.3% of total trades | 57.1% of buyers | 61.6% of sellers
Institutions: 40.7% of total trades | 42.9% of buyers | 38.4% of sellers
Foreign: 17.9% of total | 10.5% of buyers | 25.3% of sellers
Regional: 18.3% of total | 27.1% of buyers | 9.5% of sellers
Domestic: 63.8% of total | 62.4% of buyers | 65.2% of sellers
WTI: USD 51.94 (+0.08%)
Brent: USD 57.45 (+0.14%)
Natural Gas (Nymex, futures prices) USD 2.98 MMBtu, (-0.50%, November 2017 contract)
Gold: USD 1,283.10 / troy ounce (+0.17%)
TASI: 6,886.26 (-1.27%) (YTD: -4.50%)
ADX: 4,498.71 (+0.01%) (YTD: -1.05%)
DFM: 3,618.24 (-0.70%) (YTD: +2.47%)
KSE Weighted Index: 430.63 (-0.19%) (YTD: +13.30%)
QE: 8,117.41 (-0.50%) (YTD: -22.22%)
MSM: 5,032.87 (-0.26%) (YTD: -12.97%)
BB: 1,287.68 (+0.29%) (YTD: +5.51%)