The Market Yesterday
EGP / USD CBE market average: Buy 17.66 | Sell 17.76
EGP / USD at CIB: Buy 17.65 | Sell 17.75
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Monday): 15,243 (-0.6%)
Turnover: EGP 1.3 bn (16% ABOVE the 90-day average)
EGX 30 year-to-date: +1.5%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.6%. CIB, the index heaviest constituent closed down 1.3%. EGX30’s top performing constituents were Eastern Co up 1.3%; Elsewedy Electric up 1.1%; and Sidi Kerir Petrochemicals up 0.6%. Yesterday’s worst performing stocks were Amer Group down 3.0%; Egyptian Iron & Steel down 3.0%; and Orascom Telecom Media & Technology down 2.6%. The market turnover was EGP 1.3 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +49.9 mn
Regional: Net Long | EGP +34.3 mn
Domestic: Net Short | EGP -84.2 mn
Retail: 60.1% of total trades | 57.9% of buyers | 62.3% of sellers
Institutions: 39.9% of total trades | 42.1% of buyers | 37.7% of sellers
Foreign: 23.7% of total | 25.6% of buyers | 21.7% of sellers
Regional: 14.3% of total | 15.6% of buyers | 13.0% of sellers
Domestic: 62.0% of total | 58.8% of buyers | 65.3% of sellers
WTI: USD 63.49 (+0.19%)
Brent: USD 69.25 (+0.93%)
Natural Gas (Nymex, futures prices) USD 3.25 MMBtu, (+1.92%, February 2018 contract)
Gold: USD 1,334.3 / troy ounce (+0.09%)
TASI: 7,480.89 (-0.43%) (YTD: +3.52%)
ADX: 4,629.24 (-0.15%) (YTD: +5.25%)
DFM: 3,501.33 (-0.31%) (YTD: +3.89%)
KSE Weighted Index: 420.21 (+0.7%) (YTD: +4.68%)
QE: 9,211.02 (+0.72%) (YTD: +8.07%)
MSM: 4,989.09 (+0.21%) (YTD: -2.16%)
BB: 1,334.89 (-0.08%) (YTD: -0.24%)