The Market Yesterday
EGP / USD CBE market average: Buy 17.6557 | Sell 17.7557
EGP / USD at CIB: Buy 17.65 | Sell 17.75
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Thursday): 15,242 (+0.3%)
Turnover: EGP 1.2 bn (9% above the 90-day average)
EGX 30 year-to-date: +1.5%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.3%. CIB, the index heaviest constituent closed down 0.2%. EGX30’s top performing constituents were Ezz Steel up 5.5%; AMOC up 3.4%; and Egyptian Iron & Steel up 3.1%. Yesterday’s worst performing stocks were Orascom Telecom Media & Technology down 1.4%; Egyptian Resorts down 0.6%; and Elsewedy Electric down 0.5%. The market turnover was EGP 1.2 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +76.7 mn
Regional: Net Short | EGP -5.4 mn
Domestic: Net Short | EGP -71.3 mn
Retail: 60.5% of total trades | 54.3% of buyers | 66.8% of sellers
Institutions: 39.5% of total trades | 45.7% of buyers | 33.2% of sellers
Foreign: 21.2% of total | 24.5% of buyers | 18.0% of sellers
Regional: 14.2% of total | 13.9% of buyers | 14.4% of sellers
Domestic: 64.6% of total | 61.6% of buyers | 67.6% of sellers
WTI: USD 64.3 (+0.78%)
Brent: USD 69.87 (+0.88%)
Natural Gas (Nymex, futures prices) USD 3.2 MMBtu, (+3.76%, February 2018 contract)
Gold: USD 1,334.9 / troy ounce (+0.94%)
TASI: 7,338.04 (+0.52%) (YTD: +1.55%)
ADX: 4,591.11 (+0.25%) (YTD: +4.38%)
DFM: 3,494.63 (-0.14%) (YTD: +3.7%)
KSE Weighted Index: 415.8 (+0.4%) (YTD: +3.58%)
QE: 9,135.86 (+0.97%) (YTD: +7.19%)
MSM: 5,087.47 (-0.24%) (YTD: -0.23%)
BB: 1,316.88 (-0.07%) (YTD: -1.11%)