The Market Yesterday
EGP / USD CBE market average: Buy 17.59 | Sell 17.69
EGP / USD at CIB: Buy 17.57 | Sell 17.67
EGP / USD at NBE: Buy 17.59 | Sell 17.69
EGX30 (Sunday): 13,742 (-0.8%)
Turnover: EGP 681 mn (31% below the 90-day average)
EGX 30 year-to-date: +11.3%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.8%. CIB, the index heaviest constituent closed down 0.4%. EGX30’s top performing constituents were: Global Telecom up 1.4%; AMOC up 1.1%; and Cairo Oils and Soap up 0.7%. Today’s worst performing stocks were: SODIC down 4.2%; Egyptian Resorts down 4.1%; and Egyptian Iron and Steel down 3.3%. The market turnover was EGP 681 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -57.3 mn
Regional: Net Long | EGP +31.3 mn
Domestic: Net Long | EGP +26.0 mn
Retail: 73.8% of total trades | 75.6% of buyers | 72.0% of sellers
Institutions: 26.2% of total trades | 24.4% of buyers | 28.0% of sellers
Foreign: 10.7% of total | 6.5% of buyers | 14.9% of sellers
Regional: 10.7% of total | 13.0% of buyers | 8.4% of sellers
Domestic: 78.6% of total | 80.5% of buyers | 76.7% of sellers
WTI: USD 56.55 (+2.56%)
Brent: USD 62.72 (+2.22%)
Natural Gas (Nymex, futures prices) USD 3.10 MMBtu, (+1.44%, DEC 2017 contract)
Gold: USD 1,296.5 / troy ounce (+1.43%)
TASI: 6,872.16 (-0.6%) (YTD: -4.69%)
ADX: 4,279.31 (-1.12%) (YTD: -5.87%)
DFM: 3,423.12 (-1.07%) (YTD: -3.05%)
KSE Weighted Index: 400.88 (-0.52%) (YTD: +5.47%)
QE: 7,827.5 (+0.02%) (YTD: -25.00%)
MSM: 5,097.41 (-0.16%) (YTD: -11.85%)
BB: 1,272.09 (+0.17%) (YTD: +4.23%)