The Market Yesterday
EGP / USD CBE market average: Buy 17.5997 | Sell 17.6988
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Wednesday): 14,205 (+1.1%)
Turnover: EGP 1.6 bn (64% above the 90-day average)
EGX 30 year-to-date: +15.1%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 1.1%. CIB, the index heaviest constituent was among today’s worst performers down 1.0%. EGX30’s top performing constituents were: Domty up 8.6%, Global Telecom up 7.2%, and EFG Hermes up 4.4%. Yesterday’s worst performing stocks were: Oriental Weavers down 2.6% and AMOC down 0.9%. The market turnover was EGP 1.6 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -153.5 mn
Regional: Net Long | EGP +31.0 mn
Domestic: Net Long | EGP +122.5 mn
Retail: 58.9% of total trades | 57.8% of buyers | 59.9% of sellers
Institutions: 41.1% of total trades | 42.2% of buyers | 40.1% of sellers
Foreign: 16.9% of total | 12.2% of buyers | 21.6% of sellers
Regional: 8.9% of total | 9.8% of buyers | 7.9% of sellers
Domestic: 74.2% of total | 78.0% of buyers | 70.5% of sellers
WTI: USD 56.87 (+0.11%)
Brent: USD 63.53 (+0.06%)
Natural Gas (Nymex, futures prices) USD 3.16 MMBtu, (-0.47%, December 2017 contract)
Gold: USD 1,281.80 / troy ounce (-0.15%)
TASI: 6,936.49 (+0.04%) (YTD: -3.80%)
ADX: 4,369.06 (-1.14%) (YTD: -3.90%)
DFM: 3,414.92 (-1.89%) (YTD: -3.28%)
KSE Weighted Index: 390.41 (+0.88%) (YTD: +2.72%)
QE: 7,856.24 (-0.94%) (YTD: -24.73%)
MSM: 5,031.16 (-0.93%) (YTD: -13.00%)
BB: 1,266.81 (+1.10%) (YTD: +3.80%)