The Market Yesterday
EGP / USD CBE market average: Buy 17.6407 | Sell 17.7404
EGP / USD at CIB: Buy 17.63 | Sell 17.73
EGP / USD at NBE: Buy 17.61 | Sell 17.71
EGX30 (Sunday): 14,223 (+0.8%)
Turnover: EGP 833 mn (16% below the 90-day average)
EGX 30 year-to-date: +15.2%
THE MARKET ON SUNDAY: The EGX30 closed Sunday’s session up 0.8%. CIB, the index heaviest constituent closed down 0.2%. EGX30’s top performing constituents were: Ezz Steel up 3.9%; Eastern Co up 3.8%; and Oriental Weavers up 3.5%. Yesterday’s worst performing stocks were: Domty down 2.1%; Egyptian Iron & Steel down 2.1%; and Abu Dhabi Islamic Bank down 1.0%. The market turnover was EGP 833 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +62.4 mn
Regional: Net Long | EGP +16.6 mn
Domestic: Net Short | EGP -79.0 mn
Retail: 73.8% of total trades | 70.2% of buyers | 77.3% of sellers
Institutions: 26.2% of total trades | 29.8% of buyers | 22.7% of sellers
Foreign: 10.2% of total | 14.0% of buyers | 6.5% of sellers
Regional: 13.3% of total | 14.2% of buyers | 12.3% of sellers
Domestic: 76.5% of total | 71.8% of buyers | 81.2% of sellers
WTI: USD 58.95 (+1.60%)
Brent: USD 63.86 (+0.49%)
Natural Gas (Nymex, futures prices) USD 2.81 MMBtu, (-5.22%, December 2017 contract)
Gold: USD 1,291.80 / troy ounce (-0.39%)
TASI: 6,933.77 (+0.81%) (YTD: -3.84%)
ADX: 4,282.27 (-0.11%) (YTD: -5.81%)
DFM: 3,449.14 (-0.34%) (YTD: -2.32%)
KSE Weighted Index: 398.88 (+0.73%) (YTD: +4.94%)
QE: 7,758.08 (+0.2%) (YTD: -25.67%)
MSM: 5,111.11 (+0.49%) (YTD: -11.61%)
BB: 1,277.02 (+0.03%) (YTD: +4.64%)