The Market Yesterday
EGP / USD CBE market average: Buy 17.7632 | Sell 17.8632
EGP / USD at CIB: Buy 17.77 | Sell 17.87
EGP / USD at NBE: Buy 17.69 | Sell 17.79
EGX30 (Sunday): 14,717 (+0.3%)
Turnover: EGP 1.2 bn (12% above the 90-day average)
EGX 30 year-to-date: +19.2%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.3%. CIB, the index heaviest constituent closed down 0.7%. EGX30’s top performing constituents were Ezz Steel up 3.6%; Egyptian Resorts up 3.3%; and Madinet Nasr Housing up 3.1%. Yesterday’s worst performing stocks were Eastern Co down 1.0%; CIB down 0.7%; and Global Telecom down 0.4%. The market turnover was EGP 1.2 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +18 mn
Regional: Net Long | EGP +346 mn
Domestic: Net Short | EGP -364 mn
Retail: 59.7% of total trades | 57.0% of buyers | 62.4% of sellers
Institutions: 40.3% of total trades | 43.0% of buyers | 37.6% of sellers
Foreign: 7.2% of total | 7.9% of buyers | 6.4% of sellers
Regional: 23.3% of total | 37.4% of buyers | 9.2% of sellers
Domestic: 69.5% of total | 54.7% of buyers | 84.3% of sellers
WTI: USD 57.3 (+0.46%)
Brent: USD 63.23 (-0.13%)
Natural Gas (Nymex, futures prices) USD 2.61 MMBtu, (-2.68%, January 2018 contract)
Gold: USD 1,257.5 / troy ounce (+0.03%)
TASI: 7,093.21 (+0.25%) (YTD: -1.63%)
ADX: 4,348.73 (+0.22%) (YTD: -4.35%)
DFM: 3,365.89 (+0.31%) (YTD: -4.67%)
KSE Weighted Index: 400.32 (+0.14%) (YTD: +5.32%)
QE: 8,211.94 (+0.06%) (YTD: -21.32%)
MSM: 5,075.84 (+0.28%) (YTD: -12.22%)
BB: 1,265.59 (+0.12%) (YTD: +3.7%)