The Market Yesterday
EGP / USD CBE market average: Buy 17.63 | Sell 17.73
EGP / USD at CIB: Buy 17.6 | Sell 17.7
EGP / USD at NBE: Buy 17.59 | Sell 17.69
EGX30 (Monday): 14,891 (+0.4%)
Turnover: EGP 1.1 bn (2% BELOW the 90-day average)
EGX 30 year-to-date: -0.9%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.4 %. CIB, the index heaviest constituent closed down 0.6%. EGX30’s top performing constituents were Ezz Steel up 4.3%; Egyptian Resorts up 3.9%; and Palm Hills up 3.3%. Yesterday’s worst performing stocks were Amer down 3.3%; Telecom Egypt down 2.3%; and Global Telecom down 1.4%. The market turnover was EGP 1.1 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -83.1 mn
Regional: Net Long | EGP +79.8 mn
Domestic: Net Long | EGP +3.3 mn
Retail: 56.6% of total trades | 54.1% of buyers | 59.2% of sellers
Institutions: 43.4% of total trades | 45.9% of buyers | 40.8% of sellers
Foreign: 19.2% of total | 15.5% of buyers | 22.9% of sellers
Regional: 13.2% of total | 16.7% of buyers | 9.6% of sellers
Domestic: 67.6% of total | 67.8% of buyers | 67.5% of sellers
WTI: USD 59.25 (+0.08%)
Brent: USD 62.62 (-0.27%)
Natural Gas (Nymex, futures prices) USD 2.56 MMBtu, (-0.89%, March 2018 contract)
Gold: USD 1,325.7 / troy ounce (+0.76%)
TASI: 7,425.57 (+1.34%) (YTD: +2.76%)
ADX: 4,609.91 (+0.56%) (YTD: +4.81%)
DFM: 3,314.93 (-0.17%) (YTD: -1.64%)
KSE Weighted Index: 408.5 (-0.09%) (YTD: +1.76%)
QE: 8,987.51 (-0.63%) (YTD: +5.45%)
MSM: 5,002.87 (+0.18%) (YTD: -1.89%)
BB: 1,347.12 (+1.02%) (YTD: +1.16%)