The Market Yesterday
EGP / USD CBE market average: Buy 17.6651 | Sell 17.7651
EGP / USD at CIB: Buy 17.66 | Sell 17.76
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Monday): 15,128 (-0.8%)
Turnover: EGP 1.6 bn
EGX 30 year-to-date: +0.7%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.8%. CIB, the index heaviest constituent closed down 1.0%. EGX30’s top performing constituents were Domty up 1.7%; Pioneers Holding up 0.8%; and Telecom Egypt up 0.5%. Yesterday’s worst performing stocks were Egyptian Iron and Steel down 2.9%; AMOC down 2.0%; and Abu Dhabi Islamic Bank down 1.9%. The market turnover was EGP 1.6 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +228.4 mn
Regional: Net Long | EGP +94.0 mn
Domestic: Net Short | EGP -322.4 mn
Retail: 45.1% of total trades | 49.2% of buyers | 41.0% of sellers
Institutions: 54.9% of total trades | 50.8% of buyers | 59.0% of sellers
Foreign: 21.3% of total | 28.5% of buyers | 14.1% of sellers
Regional: 11.5% of total | 14.5% of buyers | 8.5% of sellers
Domestic: 67.2% of total | 57.0% of buyers | 77.4% of sellers
WTI: USD 64.81 (+0.79%)
Brent: USD 70.24 (+0.53%)
Natural Gas (Nymex, futures prices) USD 3.13 MMBtu, (-2.16%, February 2018 contract)
Gold: USD 1,340.5 / troy ounce (+0.42%)
TASI: 7,483.23 (+0.59%) (YTD: +3.56%)
ADX: 4,601.95 (+0.37%) (YTD: +4.63%)
DFM: 3,495.81 (-0.49%) (YTD: +3.73%)
KSE Weighted Index: 420.34 (+0.44%) (YTD: +4.71%)
QE: 8,946.97 (-2.48%) (YTD: +4.97%)
MSM: 5,069.25 (-0.4%) (YTD: -0.59%)
BB: 1,324.1 (+0.36%) (YTD: -0.57%)