The Market Yesterday
EGP / USD CBE market average: Buy 17.62 | Sell 17.72
EGP / USD at CIB: Buy 17.60 | Sell 17.70
EGP / USD at NBE: Buy 17.63 | Sell 17.73
EGX30 (Thursday): 15,089 (+0.3%)
Turnover: EGP 1.0 bn (11% BELOW the 90-day average)
EGX 30 year-to-date: +0.5%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.3%. CIB, the index heaviest constituent closed up 0.8%. EGX30’s top performing constituents were Egypt Aluminum up 2.3%; Global Telecom up 1.3%; and Egyptian Resorts up 1.3%. Yesterday’s worst performing stocks were AMOC down 1.9%; Emaar Misr down 1.8%; and Elsewedy Electric down 1.2%. The market turnover was EGP 1.0 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +13.3 mn
Regional: Net Long | EGP +0.9 mn
Domestic: Net Short | EGP -14.2 mn
Retail: 51.6% of total trades | 52.1% of buyers | 51.1% of sellers
Institutions: 48.4% of total trades | 47.9% of buyers | 48.9% of sellers
Foreign: 23.7% of total | 24.4% of buyers | 23.1% of sellers
Regional: 10.3% of total | 10.3% of buyers | 10.2% of sellers
Domestic: 66.0% of total | 65.3% of buyers | 66.7% of sellers
WTI: USD 65.45 (-0.53%)
Brent: USD 68.58 (-1.54%)
Natural Gas (Nymex, futures prices) USD 2.85 MMBtu, (-0.35%, March 2018 contract)
Gold: USD 1,337.3 / troy ounce (-0.79%)
TASI: 7,656.7 (+0.08%) (YTD: +5.95%)
ADX: 4,612.33 (+0.22%) (YTD: +4.86%)
DFM: 3,412.26 (+0.53%) (YTD: +1.25%)
KSE Weighted Index: 412.82 (+0.2%) (YTD: +2.84%)
QE: 9,207.01 (+0.03%) (YTD: +8.02%)
MSM: 5,035.23 (+0.71%) (YTD: -1.26%)
BB: 1,357.68 (+0.52%) (YTD: +1.95%)