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Thursday, 18 January 2018

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 17.6580 | Sell 17.7580
EGP / USD at CIB: Buy 17.65 | Sell 17.75
EGP / USD at NBE: Buy 17.65 | Sell 17.75

EGX30 (Wednesday): 15,199 (+0.7%)
Turnover: EGP 1.4 bn (xx% BELOW / ABOVE the 90-day average)
EGX 30 year-to-date: +1.2%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.7%. CIB, the index heaviest constituent closed up 0.2%. EGX30’s top performing constituents were Ezz Steel up 4.6%; Sidi Kerir Petrochemicals up 3.7%; and Abu Dhabi Islamic Bank up 3.6%. Yesterday’s worst performing stocks were Global Telecom down 1.4%; Telecom Egypt down 1.2%; and Oriental Weavers down 1.1%. The market turnover was EGP 1.4 bn and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +181 mn
Regional: Net Short | EGP -55.7 mn
Domestic: Net Short | EGP -125.3 mn

Retail: 64.0% of total trades | 58.8% of buyers | 69.2% of sellers
Institutions: 36.0% of total trades | 41.2% of buyers | 30.8% of sellers

Foreign: 18.7% of total | 25.2% of buyers | 12.0% of sellers
Regional: 12.2% of total | 10.2% of buyers | 14.3% of sellers
Domestic: 69.1% of total | 64.6% of buyers | 73.7% of sellers

WTI: USD 63.93 (+0.31%)
Brent: USD 69.35 (+0.29%)

Natural Gas (Nymex, futures prices) USD 3.27 MMBtu, (+4.35%, February 2018 contract)
Gold: USD 1,328.4 / troy ounce (-0.65%)

TASI: 7,539.74 (+0.11%) (YTD: +4.34%)
ADX: 4,634.91 (+0.42%) (YTD: +5.38%)
DFM: 3,542.44 (+0.48) (YTD: +5.11%)
KSE Weighted Index: 418.47 (-0.25%) (YTD: +4.25%)
QE: 9,158.77 (-0.21%) (YTD: +7.45%)
MSM: 5,031.73 (-0.16%) (YTD: -1.32%)
BB: 1,331.73 (+0.78%) (YTD: 0.00%)

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