The Market Yesterday
EGP / USD CBE market average: Buy 17.5987 | Sell 17.6985
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Wednesday): 13,901 (-0.2%)
Turnover: EGP 989 mn (6% above the 90-day average)
EGX 30 year-to-date: +12.6%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.2%. CIB, the index heaviest constituent ended down 0.7%. EGX30’s top performing constituents were: Amer Group up 2.9%, Qalaa Holdings up 2.3%, and Eastern Co up 1.6%. Yesterday worst performing stocks were: Porto Group down 2.4%, and Cairo Oils & Soap and Domty were both down 2.1%. The market turnover was EGP 989 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +27.8 mn
Regional: Net Short | EGP -5.2 mn
Domestic: Net Short | EGP -22.6 mn
Retail: 77.9% of total trades | 74.1% of buyers | 81.7% of sellers
Institutions: 22.1% of total trades | 25.9% of buyers | 18.3% of sellers
Foreign: 8.0% of total | 9.5% of buyers | 6.6% of sellers
Regional: 9.9% of total | 9.6% of buyers | 10.2% of sellers
Domestic: 82.1% of total | 80.9% of buyers | 83.2% of sellers
WTI: USD 52.18 (-0.55%)
Brent: USD 58.37 (+0.07%)
Natural Gas (Nymex, futures prices) USD 2.92 MMBtu, (-1.85%, November 2017 contract)
Gold: USD 1,279.00 / troy ounce (+0.05%)
TASI: 6,905.82 (+0.30%) (YTD: -4.22%)
ADX: 4,499.39 (+0.07%) (YTD: -1.03%)
DFM: 3,665.36 (+0.66%) (YTD: +3.81%)
KSE Weighted Index: 428.53 (-0.20%) (YTD: +12.74%)
QE: 8,124.73 (+0.18%) (YTD: -22.15%)
MSM: 4,998.71 (-0.68%) (YTD: -13.56%)
BB: 1,278.46 (+0.15%) (YTD: +4.75%)