The Market Yesterday
EGP / USD CBE market average: Buy 17.6610 | Sell 17.7610
EGP / USD at CIB: Buy 17.65 | Sell 17.75
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Tuesday): 15,197 (-0.3%)
Turnover: EGP 1.0 bn (11% BELOW the 90-day average)
EGX 30 year-to-date: +1.2%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.3%. CIB, the index heaviest constituent closed down 0.4%. EGX30’s top performing constituents were Amer Group up 3.1%; Ezz Steel up 1.8%; and Orascom Telecom Media & Technology up 1.4 %. Yesterday’s worst performing stocks were Sidi Kerir Petrochemicals down 2.0%; Domty down 1.5%; and Eastern Co. down 1.2%. The market turnover was EGP 1.0 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -25.6 mn
Regional: Net Short | EGP -39.5 mn
Domestic: Net Long | EGP +65.1 mn
Retail: 56.9% of total trades | 58.0% of buyers | 55.8% of sellers
Institutions: 43.1% of total trades | 42.0% of buyers | 44.2% of sellers
Foreign: 26.5% of total | 25.2% of buyers | 27.7% of sellers
Regional: 11.0% of total | 9.2% of buyers | 13.0% of sellers
Domestic: 62.5% of total | 65.6% of buyers | 59.3% of sellers
WTI: USD 64.74 (+1.84%)
Brent: USD 70.14 (+1.61%)
Natural Gas (Nymex, futures prices) USD 3.53 MMBtu, (+9.52%, February 2018 contract)
Gold: USD 1,340.7 / troy ounce (+0.66%)
TASI: 7,493.9 (+0.17%) (YTD: +3.7%)
ADX: 4,643.69 (+0.31%) (YTD: +5.58%)
DFM: 3,478.7 (-0.65%) (YTD: +3.22%)
KSE Weighted Index: 419.66 (-0.13%) (YTD: +4.54%)
QE: 9,254.61 (+0.47%) (YTD: +8.58%)
MSM: 4,978.01 (-0.22%) (YTD: -2.38%)
BB: 1,333.79 (-0.08%) (YTD: +0.16%)