The Market Yesterday
EGP / USD CBE market average: Buy 17.5991 | Sell 17.6991
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Tuesday): 14,058 (-0.1%)
Turnover: EGP 1.1 bn (4% above the 90-day average)
EGX 30 year-to-date: +13.9%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.1%. CIB, the index heaviest constituent closed up 0.2%. EGX30’s top performing constituents were: Domty up 2.7%; Global Telecom up 2.2%; and Eastern Co up 0.9%. Yesterday’s worst performing stocks were: Egyptian Financial and Industrial down 4.3%, Abu Dhabi Islamic Bank down 3.0%; and SODIC down 2.7%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -20.3 mn
Regional: Net Short | EGP -17.6 mn
Domestic: Net Long | EGP +37.9 mn
Retail: 67.5% of total trades | 67.4% of buyers | 67.7% of sellers
Institutions: 32.5% of total trades | 32.6% of buyers | 32.3% of sellers
Foreign: 15.1% of total | 14.1% of buyers | 16.0% of sellers
Regional: 12.1% of total | 11.3% of buyers | 12.9% of sellers
Domestic: 72.8% of total | 74.6% of buyers | 71.1% of sellers
WTI: USD 57.24 (-0.19%)
Brent: USD 63.68 (-0.92%)
Natural Gas (Nymex, futures prices) USD 3.15 MMBtu, (+0.48%, December 2017 contract)
Gold: USD 1,277.3 / troy ounce (-0.34%)
TASI: 6,933.46 (-0.74%) (YTD: -3.84%)
ADX: 4,419.62 (-0.35%) (YTD: -2.79%)
DFM: 3,480.7 (-1.79%) (YTD: -1.42%)
KSE Weighted Index: 387.0 (-3.8%) (YTD: +1.82%)
QE: 7,930.78 (-1.05%) (YTD: -24.01%)
MSM: 5,078.55 (-0.01%) (YTD: -12.18%)
BB: 1,253.07 (-0.99%) (YTD: +2.67%)