The Market Yesterday
EGP / USD CBE market average: Buy 17.65 | Sell 17.75
EGP / USD at CIB: Buy 17.63 | Sell 17.73
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Wednesday): 15,193 (+0.2%)
Turnover: EGP 1.1 bn (1% above the 90-day average)
EGX 30 year-to-date: +1.2%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.2%. CIB, the index heaviest constituent closed down 0.4%. EGX30’s top performing constituents were Sidi Kerir Petrochemicals up 4.3%; Egyptian Financial & Industrial up 3.6%; and Egyptian Iron & Steel up 2.5%. Yesterday’s worst performing stocks were SODIC down 1.6%; Elsewedy Electric down 0.8%; and TMG Holding down 0.6%. The market turnover was EGP 1.1 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +63.6 mn
Regional: Net Long | EGP +9.2 mn
Domestic: Net Short | EGP -72.9 mn
Retail: 65.1% of total trades | 59.3% of buyers | 70.9% of sellers
Institutions: 34.9% of total trades | 40.7% of buyers | 29.1% of sellers
Foreign: 14.9% of total | 17.7% of buyers | 12.0% of sellers
Regional: 11.4% of total | 11.9% of buyers | 11.0% of sellers
Domestic: 73.7% of total | 70.4% of buyers | 76.9% of sellers
WTI: USD 63.35 (+0.62%)
Brent: USD 69.03 (+0.31%)
Natural Gas (Nymex, futures prices) USD 2.91 MMBtu, (-0.55%, February 2018 contract)
Gold: USD 1,319.3 / troy ounce (+0.43%)
TASI: 7,300.37 (+0.13%) (YTD: +1.02%)
ADX: 4,579.74 (-0.29%) (YTD: +4.12%)
DFM: 3,499.36 (-0.12%) (YTD: +3.84%)
KSE Weighted Index: 414.15 (+0.44%) (YTD: +3.17%)
QE: 9,048.17 (+0.51%) (YTD: +6.16%)
MSM: 5,099.53 (-0.13%) (YTD: 0.00%)
BB: 1,317.81 (+0.2%) (YTD: -1.04%)