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Wednesday, 14 February 2018

The Market Yesterday

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EGP / USD CBE market average: Buy 17.6443 | Sell 17.7443
EGP / USD at CIB:
Buy 17.64 | Sell 17.74
EGP / USD at NBE: Buy 17.60 | Sell 17.70

EGX30 (Tuesday): 14,730 (-1.1%)
Turnover: EGP 1.2 bn (6% ABOVE the 90-day average)
EGX 30 year-to-date: -1.9%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.1 %. CIB, the index’s heaviest constituent closed down 2.3%. EGX30’s top performing constituents were Ezz Steel up 4.4%; Eastern Co up 4.2%; and Juhayna up 1.8%. Yesterday’s worst performing stocks were EFG Hermes down 3.8%; Porto Group down 3.0%; and GB Auto down 3.0%. The market turnover was EGP 1.2 bn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -14.2 mn
Regional: Net Short | EGP -30.0 mn
Domestic: Net Long | EGP +44.2mn

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: 22.1% of total | 21.5% of buyers | 22.7% of sellers
Regional: 10.4% of total | 9.1% of buyers | 11.7% of sellers
Domestic: 67.5% of total | 69.3% of buyers | 65.6% of sellers

WTI: USD 59.14 (-0.25%)
Brent: USD 62.71 (+0.19%)

Natural Gas (Nymex, futures prices) USD 2.59 MMBtu, (+1.65%, March 2018 contract)
Gold: USD 1,331.2 / troy ounce (+0.36%)

TASI: 7,412.56 (-0.18%) (YTD: +2.58%)
ADX: 4,600.4 (-0.21%) (YTD: +4.59%)
DFM: 3,341.56 (+0.8%) (YTD: -0.85%)
KSE Weighted Index: 409.17 (+0.16%) (YTD: +1.93%)
QE: 8,987.51 (-0.63%) (YTD: +5.45%)
MSM: 5,003.67 (+0.02%) (YTD: -1.87%)
BB: 1,352.96 (+0.43%) (YTD: +1.6%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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