The Market Yesterday
EGP / USD CBE market average: Buy 17.76 | Sell 17.86
EGP / USD at CIB: Buy 17.77 | Sell 17.87
EGP / USD at NBE: Buy 17.69 | Sell 17.79
EGX30 (Wednesday): 14,651 (+0.4%)
Turnover: EGP 1.1 bn (5% above the 90-day average)
EGX 30 year-to-date: +18.7%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.4% up. CIB, the index heaviest constituent closed up 0.6%. EGX30’s top performing constituents were Domty up 5.2%; Heliopolis Housing up 3.9%; and Abu Dhabi Islamic Bank up 2.3%. Today’s worst performing stocks were Emaar Misr down 1.6%; Palm Hills down 1.5%; and Kima down 1.4%. The market turnover was EGP 1.1 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +23.8 mn
Regional: Net Short | EGP -21.5 mn
Domestic: Net Short | EGP -2.4 mn
Retail: 63.4% of total trades | 62.0% of buyers | 64.8% of sellers
Institutions: 36.6% of total trades | 38.0% of buyers | 35.2% of sellers
Foreign: 17.7% of total | 18.8% of buyers | 16.5% of sellers
Regional: 16.2% of total | 15.2% of buyers | 17.2% of sellers
Domestic: 66.2% of total | 66.1% of buyers | 66.3% of sellers
WTI: USD 56.67 (-0.82%)
Brent: USD 62.47 (-1.37%)
Natural Gas (Nymex, futures prices) USD 2.70 MMBtu, (+0.78%, JAN 2018 contract)
Gold: USD 1,257.8 / troy ounce (+1.3%)
TASI: 7,094.11 (-0.41%) (YTD: -1.61%)
ADX: 4,384.36 (+0.06%) (YTD: -3.56%)
DFM: 3,404.09 (-1.44%) (YTD: -3.59%)
KSE Weighted Index: 396.33 (+0.56%) (YTD: +4.27%)
QE: 8,206.87 (+2.16%) (YTD: -21.37%)
MSM: 5,066.49 (+0.32%) (YTD: -12.39%)
BB: 1,264.12 (-0.00%) (YTD: +3.58%)