The Market Yesterday
EGP / USD CBE market average: Buy 17.6619 | Sell 17.7617
EGP / USD at CIB: Buy 17.65 | Sell 17.75
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Wednesday): 15,171 (-0.2%)
Turnover: EGP 1.2 bn (7% ABOVE the 90-day average)
EGX 30 year-to-date: +1.0%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.2%. CIB, the index heaviest constituent closed up 0.9%. EGX30’s top performing constituents were Domty up 1.8%; Abu Dhabi Islamic Bank up 1.7%; and CIB up 0.9%. Wednesday’s worst performing stocks were Amer down 3.0%; Sidi Kerir Petrochemicals down 2.3%; and Pioneers Holding down 2.2%. The market turnover was EGP 1.2 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +74.1 mn
Regional: Net Long | EGP +18.1 mn
Domestic: Net Short | EGP -92.2 mn
Retail: 54.4% of total trades | 55.1% of buyers | 53.7% of sellers
Institutions: 45.6% of total trades | 44.9% of buyers | 46.3% of sellers
Foreign: 22.6% of total | 25.8% of buyers | 19.5% of sellers
Regional: 14.3% of total | 15.1% of buyers | 13.5% of sellers
Domestic: 63.1% of total | 59.1% of buyers | 67.0% of sellers
WTI: USD 66.14 (+0.96%)
Brent: USD 70.52 (+0.14%)
Natural Gas (Nymex, futures prices) USD 3.51 MMBtu, (+1.68%, February 2018 contract)
Gold: USD 1,357.2 / troy ounce (-0.79%)
TASI: 7,521.64 (+0.57%) (YTD: +4.09%)
ADX: 4,643.54 (+0.35%) (YTD: +5.57%)
DFM: 3,468.65 (+0.15%) (YTD: +2.93%)
KSE Weighted Index: 418.45 (-0.08%) (YTD: +4.24%)
QE: 9,459.61 (+1.08%) (YTD: +10.98%)
MSM: 5,007.77 (+0.68%) (YTD: -1.79%)
BB: 1,341.77 (+0.35%) (YTD: +0.76%)