The Market Yesterday
EGP / USD CBE market average: Buy 17.6278 | Sell 17.7278
EGP / USD at CIB: Buy 17.60 | Sell 17.70
EGP / USD at NBE: Buy 17.63 | Sell 17.73
EGX30 (Monday): 15,369 (+0.4%)
Turnover: EGP 1.6 bn (42% ABOVE the 90-day average)
EGX 30 year-to-date: +2.3%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.4% up. CIB, the index heaviest constituent closed up 1.1%. EGX30’s top performing constituents were Emaar Misr up 2.9%; Heliopolis Housing up 1.8%; and Madinet Nasr Housing up 2.2%. Yesterday’s worst performing stocks were Egyptian Financial & Industrial down 2.4%; Ezz Steel down 1.7%; and Sidi Kerir Petrochemicals down 1.5%. The market turnover was EGP 1.6 bin, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +48.1 mn
Regional: Net Long | EGP +19.0 mn
Domestic: Net Short | EGP -67.1 mn
Retail: 53.3% of total trades | 50.8% of buyers | 55.8% of sellers
Institutions: 46.7% of total trades | 49.2% of buyers | 44.2% of sellers
Foreign: 23.4% of total | 24.9% of buyers | 21.9% of sellers
Regional: 11.4% of total | 11.9% of buyers | 10.8% of sellers
Domestic: 65.2% of total | 63.2% of buyers | 67.3% of sellers
WTI: USD 65.56 (-0.88%)
Brent: USD 69.44 (-1.53%)
Natural Gas (Nymex, futures prices) USD 3.63 MMBtu, (+3.59%, February 2018 contract)
Gold: USD 1,346.5 / troy ounce (-0.79%)
TASI: 7,568.36 (+0.4%) (YTD: +4.73%)
ADX: 4,626.42 (-0.12%) (YTD: +5.18%)
DFM: 3,455.24 (-0.26%) (YTD: +2.53%)
KSE Weighted Index: 415.68 (-0.03%) (YTD: +3.55%)
QE: 9,450.07 (+0.41%) (YTD: +10.87%)
MSM: 5,002.69 (+0.23%) (YTD: +1.89%)
BB: 1,344.54 (+0.17%) (YTD: +0.96%)