The Market Yesterday
EGP / USD CBE market average: Buy 17.66 | Sell 17.76
EGP / USD at CIB: Buy 17.64 | Sell 17.74
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Thursday): 15,411 (+1.4%)
Turnover: EGP 1.7 bn (53% ABOVE the 90-day average)
EGX 30 year-to-date: +2.6%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1.4%. CIB, the index heaviest constituent closed up 1.5%. EGX30’s top performing constituents were Elsewedy Electric up 6.3%; Ezz Steel up 6.0%; and Kima up 3.2%. Yesterday’s worst performing stocks were Global Telecom down 1.4%; Eastern Co up 0.4%; and Palm Hills down 0.3%. The market turnover was EGP 1.7 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +163.8 mn
Regional: Net Short | EGP -34.3 mn
Domestic: Net Short | EGP -129.5 mn
Retail: 61.8% of total trades | 58.1% of buyers | 65.4% of sellers
Institutions: 38.2% of total trades | 41.9% of buyers | 34.6% of sellers
Foreign: 18.8% of total | 23.7% of buyers | 13.8% of sellers
Regional: 12.4% of total | 11.4% of buyers | 13.5% of sellers
Domestic: 68.8% of total | 64.9% of buyers | 72.7% of sellers
WTI: USD 63.37 (-0.91%)
Brent: USD 68.61 (-1.01%)
Natural Gas (Nymex, futures prices) USD 3.19 MMBtu, (-0.19%, February 2018 contract)
Gold: USD 1,333.1 / troy ounce (+0.44%)
TASI: 7,539.02 (-0.01%) (YTD: +4.33%)
ADX: 4,625.39 (-0.21%) (YTD: +5.16%)
DFM: 3,531.05 (-0.32%) (YTD: +4.78%)
KSE Weighted Index: 419.11 (+0.15%) (YTD: +4.41%)
QE: 9,200.10 (+0.45%) (YTD: +7.94%)
MSM: 5,024.06 (-0.15%) (YTD: -1.48%)
BB: 1,333.17 (+0.11%) (YTD: -0.11%)