The Market Yesterday
EGP / USD CBE market average: Buy 17.6569 | Sell 17.7569
EGP / USD at CIB: Buy 17.65 | Sell 17.75
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Sunday): 15,340 (-0.5%)
Turnover: EGP 1.2 bn (8% ABOVE the 90-day average)
EGX 30 year-to-date: +2.1%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.5%. CIB, the index heaviest constituent closed down 0.1%. EGX30’s top performing constituents were Elsewedy Electric up 2.5%; Orascom Telecom Media & Technology up 1.3%; and Arab Cotton Ginning up 1.2%. Yesterday’s worst performing stocks were Porto Group down 5.0%; Amer Group down 2.9%; and Oriental Weavers down 2.7%. The market turnover was EGP 1.2 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +65.0 mn
Regional: Net Short | EGP -49.9 mn
Domestic: Net Short | EGP -15.1 mn
Retail: 59.4% of total trades | 62.7% of buyers | 56.2% of sellers
Institutions: 40.6% of total trades | 37.3% of buyers | 43.8% of sellers
Foreign: 17.0% of total | 19.6% of buyers | 14.3% of sellers
Regional: 12.0% of total | 10.0% of buyers | 14.1% of sellers
Domestic: 71.0% of total | 70.4% of buyers | 71.6% of sellers
WTI: USD 63.37 (-0.91%)
Brent: USD 68.61 (-1.01%)
Natural Gas (Nymex, futures prices) USD 3.19 MMBtu, (-0.13%, February 2018 contract)
Gold: USD 63.37 / troy ounce (-0.91%)
TASI: 7,513.3 (-0.34%) (YTD: +3.97%)
ADX: 4,636.22 (+0.23%) (YTD: +5.41%)
DFM: 3,512.33 (-0.53%) (YTD: +4.22%)
KSE Weighted Index: 417.28 (-0.44%) (YTD: +3.95%)
QE: 9,145.44 (-0.59%) (YTD: +7.3%)
MSM: 4,978.6 (-0.9%) (YTD: -2.37%)
BB: 1,335.92 (+0.21%) (YTD: +0.32%)