The Market Yesterday
EGP / USD CBE market average: Buy 17.5909 | Sell 17.6909
EGP / USD at CIB: Buy 17.56 | Sell 17.66
EGP / USD at NBE: Buy 17.58 | Sell 17.68
EGX30 (Tuesday): 14,133 (+0.1%)
Turnover: EGP 1.0 bn (2% above the 90-day average)
EGX 30 year-to-date: +14.5%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.1%. CIB, the index heaviest constituent ended down 0.4%. EGX30’s top performing constituents were: Abu Dhabi Islamic Bank up 5.1%, Elsewedy Electric up 4.4%, and TMG Holding up 1.9%. Yesterday’s worst performing stocks were: Orascom Telecom Media & Technology down 3.8%, and both Eastern Co and Emaar Misr ended down 0.8%. The market turnover was EGP 1.0 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +860.3 mn
Regional: Net Short | EGP -16.5 mn
Domestic: Net Short | EGP -843.8 mn
Retail: 58.3% of total trades | 34.2% of buyers | 82.4% of sellers
Institutions: 41.7% of total trades | 65.8% of buyers | 17.6% of sellers
Foreign: 32.6% of total | 54.8% of buyers | 10.5% of sellers
Regional: 7.4% of total | 6.9% of buyers | 7.7% of sellers
Domestic: 60.0% of total | 38.3% of buyers | 81.8% of sellers
WTI: USD 55.06 (-3.00%)
Brent: USD 61.43 (-2.74%)
Natural Gas (Nymex, futures prices) USD 3.08 MMBtu, (-2.78%, December 2017 contract)
Gold: USD 1,280.80 / troy ounce (+0.15%)
TASI: 6,979.28 (+0.26%) (YTD: -3.21%)
ADX: 4,366.41 (-0.07%) (YTD: -3.96%)
DFM: 3,488.99 (+0.32%) (YTD: -1.19%)
KSE Weighted Index: 399.88 (+1.14%) (YTD: +5.21%)
QE: 7,873.84 (+0.21%) (YTD: -24.56%)
MSM: 5,114.67 (+0.60%) (YTD: -11.55%)
BB: 1,259.87 (-0.24%) (YTD: +3.23%)