The Market Yesterday
EGP / USD CBE market average: Buy 17.6016 | Sell 17.7015
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Sunday): 14,024 (+0.5%)
Turnover: EGP 1.1 bn (17% above the 90-day average)
EGX 30 year-to-date: +13.6%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.5%. CIB, the index heaviest constituent ended down 0.3%. EGX30’s top performing constituents were: Ezz Steel up 4.3%, Palm Hills up 3.0%, and EFG Hermes 3.0%. Yesterday’s worst performing stocks were: Amer Group down 2.7%, Qalaa Holdings down 2.2%, and Egyptian Iron and Steel down 2.0%, and Kima down 0.4%. The market turnover was EGP 1.1 bn, and regional investors were the sole net sellers.
Foreigners: Net Short | EGP -6.4 mn
Regional: Net Long | EGP +24.3 mn
Domestic: Net Short | EGP -17.9 mn
Retail: 78.2% of total trades | 74.6% of buyers | 81.7% of sellers
Institutions: 21.8% of total trades | 25.4% of buyers | 18.3% of sellers
Foreign: 8.2% of total | 8.5% of buyers | 7.9% of sellers
Regional: 10.7% of total | 9.6% of buyers | 11.9% of sellers
Domestic: 81.1% of total | 81.9% of buyers | 80.2% of sellers
WTI: USD 54.07 (+0.32%)
Brent: USD 60.71 (+0.45%)
Natural Gas (Nymex, futures prices) USD 2.96 MMBtu (-0.13%, December 2017 contract)
Gold: USD 1,273.60 / troy ounce (+0.14%)
TASI: 6,956.47 (+0.66%) (YTD: -3.52%)
ADX: 4,462.76 (-0.11%) (YTD: -1.84%)
DFM: 3,639.67 (-0.31%) (YTD: +3.08%)
KSE Weighted Index: 426.87 (-0.52%) (YTD: +12.31%)
QE: 8,134.46 (+0.08%) (YTD: -22.06%)
MSM: 4,966.65 (+0.16%) (YTD: -14.11%)
BB: 1,276.77 (-0.05%) (YTD: +4.61%)