The Market Yesterday
EGP / USD CBE market average: Buy 17.6594 | Sell 17.7594
EGP / USD at CIB: Buy 17.67 | Sell 17.77
EGP / USD at NBE: Buy 17.64 | Sell 17.74
EGX30 (Monday): 14,572 (-1.0%)
Turnover: EGP 1.0 bn (2% below the 90-day average)
EGX 30 year-to-date: +18.0%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.0%. CIB, the index heaviest constituent ended down 1.3%. EGX30’s top performing constituents were Egyptian Resorts up 3.4%, Pioneers Holding up 2.2%, and Oriental Weavers up 0.8%. Yesterday’s worst performing stocks were Emaar Misr down 3.9%, Egyptian Iron & Steel down 3.2%, and Kima down 2.3%. The market turnover was EGP 1 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -83.7 mn
Regional: Net Short | EGP -0.7 mn
Domestic: Net Long | EGP +84.4 mn
Retail: 65.9% of total trades | 69.3% of buyers | 62.4% of sellers
Institutions: 34.1% of total trades | 30.7% of buyers | 37.6% of sellers
Foreign: 21.9% of total | 17.9% of buyers | 26.0% of sellers
Regional: 8.2% of total | 8.2% of buyers | 8.3% of sellers
Domestic: 69.8% of total | 73.9% of buyers | 65.8% of sellers
WTI: USD 57.44 (-1.58%)
Brent: USD 62.44 (-2.02%)
Natural Gas (Nymex, futures prices) USD 2.98 MMBtu, (-2.74%, January 2017 contract)
Gold: USD 1,279.40 / troy ounce (-0.23%)
TASI: 7,103.08 (+0.19%) (YTD: -1.49%)
ADX: 4,326.81 (+1.02%) (YTD: -4.83%)
DFM: 3,431.81 (+0.32%) (YTD: -2.81%)
KSE Weighted Index: 399.47 (-0.16%) (YTD: +5.10%)
QE: 7,930.38 (+2.24%) (YTD: -24.01%)
MSM: 5,109.62 (+0.06%) (YTD: -11.64%)
BB: 1,274.13 (-0.47%) (YTD: +4.40%)