The Market Yesterday
EGP / USD CBE market average: Buy 17.6214 | Sell 17.7214
EGP / USD at CIB: Buy 17.60 | Sell 17.70
EGP / USD at NBE: Buy 17.62 | Sell 17.72
EGX30 (Sunday): 14,875 (-1.4%)
Turnover: EGP 850 mn (24% below the 90-day average)
EGX 30 year-to-date: -1.0%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 1.4%. CIB, the index heaviest constituent closed down 2.1%. EGX30’s top performing constituents were Eastern Co up 2.1%; Global Telecom up 0.2%; and ACC closed flat. Yesterday’s worst performing stocks were Domty down 4.6%; Sodic down 4.2%; and Sidi Kerir Petrochemicals down 4.1%. The market turnover was EGP 850 mn, and foreigner investors were the sole net sellers.
Foreigners: Net Short | EGP -89.7 mn
Regional: Net Long | EGP +3.7 mn
Domestic: Net Long | EGP +86.0 mn
Retail: 59.1% of total trades | 60.4% of buyers | 57.8% of sellers
Institutions: 40.9% of total trades | 39.6% of buyers | 42.2% of sellers
Foreign: 17.6% of total | 12.4% of buyers | 22.9% of sellers
Regional: 10.5% of total | 10.7% of buyers | 10.3% of sellers
Domestic: 71.8% of total | 76.9% of buyers | 66.8% 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: 7,608.33 (-0.62%) (YTD: +5.29%)
ADX: 4,584.56 (-0.6%) (YTD: +4.23%)
DFM: 3,385.75 (-0.78%) (YTD: +0.47%)
KSE Weighted Index: 411.54 (-0.31%) (YTD: +2.52%)
QE: 8,959.3 (-2.69%) (YTD: +5.11%)
MSM: 5,057.55 (+0.44%) (YTD: -0.82%)
BB: 1,354.86 (-0.21%) (YTD: +1.74%)