The Market Yesterday
EGP / USD CBE market average: Buy 17.6456 | Sell 17.7456
EGP / USD at CIB: Buy 17.63 | Sell 17.73
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Monday): 14,953 (+1.2%)
Turnover: EGP 1.3 bn (20% above the 90-day average)
EGX 30 year-to-date: -0.4%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.2%. CIB, the index heaviest constituent closed up 3.2%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 3.4%; Palm Hills up 3.4%; and CIB up 3.2%. Yesterday’s worst performing stocks were EFG Hermes down 5.1%; Pioneers Holding down 2.2%; and AMOC down 1.5%. The market turnover was EGP 1.3 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +221.7 mn
Regional: Net Long | EGP +18.4 mn
Domestic: Net Short | EGP -240.2 mn
Retail: 52.6% of total trades | 46.5% of buyers | 58.8% of sellers
Institutions: 47.4% of total trades | 53.5% of buyers | 41.2% of sellers
Foreign: 25.9% of total | 34.7% of buyers | 17.0% of sellers
Regional: 14.4% of total | 15.1% of buyers | 13.6% of sellers
Domestic: 59.8% of total | 50.2% of buyers | 69.4% of sellers
WTI: USD 61.86 (+0.68%)
Brent: USD 67.87 (+0.37%)
Natural Gas (Nymex, futures prices) USD 2.82 MMBtu, (+0.93%, February 2018 contract)
Gold: USD 1,319.8 / troy ounce (-0.19%)
TASI: 7,310.26 (-0.1%) (YTD: +1.16%)
ADX: 4,585.54 (+0.64%) (YTD: +4.25%)
DFM: 3,490.16 (+0.55%) (YTD: +3.56%)
KSE Weighted Index: 409.81 (-0.38%) (YTD: +2.09%)
QE: 8,975.82 (+2.57%) (YTD: +5.31%)
MSM: 5,107.97 (-0.22%) (YTD: +0.17%)
BB: 1,320.4 (+0.12%) (YTD: -0.85%)