The Market Yesterday
EGP / USD CBE market average: Buy 17.6205 | Sell 17.7205
EGP / USD at CIB: Buy 17.60 | Sell 17.70
EGP / USD at NBE: Buy 17.59 | Sell 17.69
EGX30 (Monday): 14,962 (+0.6%)
Turnover: EGP 1.0 bn (11% BELOW the 90-day average)
EGX 30 year-to-date: +0.6%
THE MARKET ON MONDAY: The Egyptian benchmark index ended Monday’s session up 0.6%. CIB, the index heaviest constituent closed down 0.2%. EGX30’s top performing constituents were Qalaa Holdings up 4.8%; Amer Group up 3.3%; and Porto Group up 2.9%. Yesterday’s worst performing stocks were Sodic down 1.8% down; Orascom Telecom down 1.4%; and Abu Dhabi Islamic Bank down 1.3%. The market turnover was EGP 1.0 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -58.1 mn
Regional: Net Short | EGP -57.4 mn
Domestic: Net Long | EGP +115.5 mn
Retail: 57.3% of total trades | 56.8% of buyers | 57.8% of sellers
Institutions: 42.7% of total trades | 43.2% of buyers | 42.2% of sellers
Foreign: 20.7% of total | 17.8% of buyers | 23.6% of sellers
Regional: 12.2% of total | 9.3% of buyers | 15.0% of sellers
Domestic: 67.2% of total | 72.9% of buyers | 61.4% of sellers
WTI: USD 63.61 (-0.84%)
Brent: USD 67.62 (-1.4%)
Natural Gas (Nymex, futures prices) USD 2.77 MMBtu, (+0.84%, March 2018 contract)
Gold: USD 1,342.5 / troy ounce (+0.45%)
TASI: 7,587.39 (-0.28%) (YTD: +5.00%)
ADX: 4,581.94 (-0.06%) (YTD: +4.17%)
DFM: 3,378.14 (-0.23%) (YTD: +0.24%)
KSE Weighted Index: 410.47 (-0.26%) (YTD: +2.25%)
QE: 8,837.65 (-1.36%) (YTD: +3.69%)
MSM: 5,051.37 (-0.12%) (YTD: -0.94%)
BB: 1,344.31 (-0.78%) (YTD: +0.95%)