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Wednesday, 1 November 2017

The Market Yesterday

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EGP / USD CBE market average: Buy 17.6049 | Sell 17.7041
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70

EGX30 (Tuesday): 14,342 (+1.0%)
Turnover: EGP 1.5 bn (58% above the 90-day average)
EGX 30 year-to-date: +16.2%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.0%. CIB, the index heaviest constituent ended up 2.1%. EGX30’s top performing constituents were: Amer Group up 5.4%, Abu Dhabi Islamic Bank up 5.2%, and Elsewedy Electric up 3.6%. Yesterday’s worst performing stocks were: Egyptian Resorts down 2.0%, AMOC down 1.8%, and EFG Hermes down 1.6%. The market turnover was EGP 1.5 bn, and local investors were the sole net sellers.

Foreigners: Net Long | EGP +24.6 mn
Regional: Net Long | EGP +79.4 mn
Domestic: Net Short | EGP -10.40 mn

Retail: 68.8% of total trades | 68.3% of buyers | 69.4% of sellers
Institutions: 31.2% of total trades | 31.7% of buyers | 30.6% of sellers

Foreign: 11.9% of total | 12.7% of buyers | 11.2% of sellers
Regional: 10.4% of total | 12.9% of buyers | 7.8% of sellers
Domestic: 77.7% of total | 74.4% of buyers | 81.0% of sellers

WTI: USD 54.56 (+0.51%)
Brent: USD 61.20 (+0.43%)
Natural Gas (Nymex, futures prices) USD 2.91 MMBtu (+0.31%, December 2017 contract)
Gold: USD 1,269.30 / troy ounce (-0.09%)TASI: 6,934.37 (-0.16%) (YTD: -3.83%)
ADX: 4,479.60 (+0.51%) (YTD: -1.47%)
DFM: 3,635.87 (+0.17%) (YTD: +2.97%)
KSE Weighted Index: 419.91 (-0.88%) (YTD: +10.48%)
QE: 8,165.06 (-0.38%) (YTD: -21.77%)
MSM: 5,010.66 (+0.57%) (YTD: -13.35%)
BB: 1,276.69 (+0.02%) (YTD: +4.61%)

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