The Market Yesterday
EGP / USD CBE market average: Buy 17.7732 | Sell 17.8732
EGP / USD at CIB: Buy 17.79 | Sell 17.89
EGP / USD at NBE: Buy 17.69 | Sell 17.79
EGX30 (Monday): 14,843 (+0.4%)
Turnover: EGP 600 mn (xx% BELOW / ABOVE the 90-day average)
EGX 30 year-to-date: +20.2%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.4%. CIB, the index heaviest constituent ended down 0.3%. EGX30’s top performing constituents were Telecom Egypt up 4.3%, Cairo Oils & Soap up 2.3%, and Egyptian Resorts up 2.0%. Yesterday’s worst performing stocks were Abu Dhabi Islamic Bank down 1.2%, Domty down 1.1%, and SODIC down 0.6%. The market turnover was EGP 600 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -6.1 mn
Regional: Net Long | EGP +7.6 mn
Domestic: Net Short | EGP -1.5 mn
Retail: 76.6% of total trades | 75.0% of buyers | 78.2% of sellers
Institutions: 23.4% of total trades | 25.0% of buyers | 21.8% of sellers
Foreign: 2.1% of total | 1.6% of buyers | 2.6% of sellers
Regional: 11.4% of total | 12.0% of buyers | 10.7% of sellers
Domestic: 86.6% of total | 86.4% of buyers | 86.7% of sellers
WTI: USD 58.47 (+0.19%)
Brent: USD 65.25 (+0.54%)
Natural Gas (Nymex, futures prices) USD 2.67 MMBtu, (+2.66%, January 2018 contract)
Gold: USD 1,278.80 / troy ounce (+0.65%)
TASI: 7,146.37 (-0.49%) (YTD: -0.89%)
ADX: 4,338.42 (+0.30%) (YTD: -4.57%)
DFM: 3,355.00 (+0.18%) (YTD: -4.98%)
KSE Weighted Index: 399.33 (-0.22%) (YTD: +5.06%)
QE: 8,569.58 (-0.36%) (YTD: -17.89%)
MSM: 5,023.49 (-0.62%) (YTD: -13.13%)
BB: 1,293.23 (+0.57%) (YTD: +5.96%)