The Market Yesterday
EGP / USD CBE market average: Buy 17.5904 | Sell 17.6904
EGP / USD at CIB: Buy 17.56 | Sell 17.66
EGP / USD at NBE: Buy 17.58 | Sell 17.68
EGX30 (Monday): 14,123 (-1.0%)
Turnover: EGP 783 mn (20% below the 90-day average)
EGX 30 year-to-date: +14.4%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.0%. CIB, the index heaviest constituent ended down 1.5%. EGX30’s top performing constituents were: Eastern Co up 1.3%; AMOC up 1.3%; and Abu Dhabi Islamic Bank up 0.9%. Yesterday’s worst performing stocks were: Domty down 3.2%; Amer Group down 2.8%; and Qalaa Holdings down 2.7%. The market turnover was EGP 783 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -40.1 mn
Regional: Net Long | EGP +22.6 mn
Domestic: Net Long | EGP +17.5 mn
Retail: 73.5% of total trades | 76.6% of buyers | 70.3% of sellers
Institutions: 26.5% of total trades | 23.4% of buyers | 29.7% of sellers
Foreign: 11.9% of total | 9.3% of buyers | 14.4% of sellers
Regional: 10.9% of total | 12.3% of buyers | 9.4% of sellers
Domestic: 77.2% of total | 78.4% of buyers | 76.2% of sellers
WTI: USD 56.71 (-0.05%)
Brent: USD 63.11 (-0.65%)
Natural Gas (Nymex, futures prices) USD 3.14 MMBtu, (-2.37%, December 2017 contract)
Gold: USD 1,278.7 / troy ounce (+0.35%)
TASI: 6,961.52 (+0.41%) (YTD: -3.45%)
ADX: 4,369.59 (-0.09%) (YTD: -3.89%)
DFM: 3,477.74 (+0.38%) (YTD: -1.51%)
KSE Weighted Index: 395.38 (+0.9%) (YTD: +4.02%)
QE: 7,856.99 (-0.24%) (YTD: -24.72%)
MSM: 5,083.92 (+0.33%) (YTD: -12.08%)
BB: 1,262.86 (-0.11%) (YTD: +3.48%)