The Market Yesterday
EGP / USD CBE market average: Buy 17.7544 | Sell 17.8544
EGP / USD at CIB: Buy 17.75 | Sell 17.85
EGP / USD at NBE: Buy 17.69 | Sell 17.79
EGX30 (Monday): 14,427 (+0.1%)
Turnover: EGP 967 mn (7% below the 90-day average)
EGX 30 year-to-date: +16.9%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.1%. CIB, the index heaviest constituent closed down 1.0%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 4.6%; Arab Cotton Ginning up 3.9%; and Kima up 3.0%. Yesterday’s worst performing stocks were Domty down 1.3%; Egyptian Iron & Steel down 1.2%; and CIB down 1.0%. The market turnover was EGP 967 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -65.3 mn
Regional: Net Long | EGP +16.2 mn
Domestic: Net Long | EGP +49.1 mn
Retail: 69.8% of total trades | 71.9% of buyers | 67.7% of sellers
Institutions: 30.2% of total trades | 28.1% of buyers | 32.3% of sellers
Foreign: 15.5% of total | 12.1% of buyers | 18.9% of sellers
Regional: 13.7% of total | 14.5% of buyers | 12.8% of sellers
Domestic: 70.8% of total | 73.4% of buyers | 68.3% of sellers
WTI: USD 57.95 (+1.03%)
Brent: USD 64.61 (+1.91%)
Natural Gas (Nymex, futures prices) USD 2.80 MMBtu, (+1.01%, January 2018 contract)
Gold: USD 1,244.0 / troy ounce (-0.35%)
TASI: 7,100.46 (-0.62%) (YTD: -1.53%)
ADX: 4,356.3 (+1.43%) (YTD: -4.18%)
DFM: 3,414.05 (+0.55%) (YTD: -3.31%)
KSE Weighted Index: 390.43 (-0.7%) (YTD: +2.72%)
QE: 7,923.07 (+1.22%) (YTD: -24.08%)
MSM: 5,041.06 (-0.43%) (YTD: -12.83%)
BB: 1,265.09 (-0.03%) (YTD: +3.66%)