The Market Yesterday
EGP / USD CBE market average: Buy 17.64 | Sell 17.74
EGP / USD at CIB: Buy 17.59 | Sell 17.69
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Monday): 15,158 (+0.8%)
Turnover: EGP 1.3 bn (15% ABOVE the 90-day average)
EGX 30 year-to-date: +0.9%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.8%. CIB, the index heaviest constituent closed up 1.2%. EGX30’s top performing constituents were Abu Qir Fertilizers up 6.8%; Emaar Misr up 2.5%; and Heliopolis Housing up 2.4%. Yesterday’s worst performing stocks were EFG Hermes down 1.5%; Orascom Construction down 1.2%; and Madinet Nasr Housing down 1.1%. The market turnover was EGP 1.3 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +69.3 mn
Regional: Net Short | EGP -23.1 mn
Domestic: Net Short | EGP -46.1 mn
Retail: 61.0% of total trades | 60.0% of buyers | 62.0% of sellers
Institutions: 39.0% of total trades | 40.0% of buyers | 38.0% of sellers
Foreign: 19.5% of total | 22.1% of buyers | 17.0% of sellers
Regional: 16.2% of total | 15.3% of buyers | 17.1% of sellers
Domestic: 64.3% of total | 62.5% of buyers | 66.0% of sellers
WTI: USD 62.5 (+1.33%)
Brent: USD 65.62 (+1.2%)
Natural Gas (Nymex, futures prices) USD 2.57 MMBtu, (+0.27%, MAR 2018 contract)
Gold: USD 1,348.9 / troy ounce (-0.54%)
TASI: 7,528.24 (+0.26%) (YTD: +4.18%)
ADX: 4,579.48 (-0.07%) (YTD: +4.12%)
DFM: 3,298.07 (+0.18%) (YTD: -2.14%)
KSE Weighted Index: 408.14 (+0.14%) (YTD: +1.67%)
QE: 9,106.77 (+0.3%) (YTD: +6.84%)
MSM: 5,007.52 (-0.14%) (YTD: -1.8%)
BB: 1,332.73 (+0.02%) (YTD: +0.08%)