The Market Yesterday
EGP / USD CBE market average: Buy 17.5997 | Sell 17.6997
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Sunday): 14,184 (-1.0%)
Turnover: EGP 872 mn (9% below the 90-day average)
EGX 30 year-to-date: +14.9%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 1.0%. CIB, the index heaviest constituent closed down 0.6%. EGX30’s top performing constituents were: Arab Cotton Ginning up 0.2%; Madinet Nasr Housing up 0.1%; and Telecom Egypt up 0.1%. Yesterday’s worst performing stocks were: Kima down 4.3%; Domty down 3.0%; and EFG Hermes down 2.8%. The market turnover was EGP 872 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +5.6 mn
Regional: Net Long | EGP +26.5 mn
Domestic: Net Short | EGP -32.1 mn
Retail: 81.4% of total trades | 85.0% of buyers | 77.8% of sellers
Institutions: 18.6% of total trades | 15.0% of buyers | 22.2% of sellers
Foreign: 4.2% of total | 4.5% of buyers | 3.9% of sellers
Regional: 6.6% of total | 8.2% of buyers | 5.1% of sellers
Domestic: 89.2% of total | 87.3% of buyers | 91.0% of sellers
WTI: USD 55.64 (+2.02%)
Brent: USD 62.07 (+2.39%)
Natural Gas (Nymex, futures prices) USD 2.98 MMBtu (+1.67%, December 2017 contract)
Gold: USD 1,269.20 / troy ounce (-0.70%)
TASI: 6,978.73 (+0.32%) (YTD: -3.21%)
ADX: 4,450.66 (-0.32%) (YTD: -2.11%)
DFM: 3,585.52 (-1.01%) (YTD: +1.55%)
KSE Weighted Index: 413.78 (-1.24%) (YTD: +8.86%)
QE: 8,126.89 (-0.24%) (YTD: -22.13%)
MSM: 5,055.65 (+0.31%) (YTD: -12.57%)
BB: 1,277.54 (-0.41%) (YTD: +4.68%)