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 17.6 | Sell 17.7
EGX30 (Tuesday): 15,219 (+0.4%)
Turnover: EGP 1.2 bn (6% ABOVE the 90-day average)
EGX 30 year-to-date: +1.3%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.4%. CIB, the index heaviest constituent closed up 0.7%. EGX30’s top performing constituents were Abu Qir Fertilizers up 5.2%; Eastern Co up 2.1%; and Abu Dhabi Islamic Bank up 1.7%. Today’s worst performing stocks were Porto Group down 3.0%; Ezz Steel down 2.5%; and SODIC down 2.4%. The market turnover was EGP 1.2 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +66.5 mn
Regional: Net Long | EGP +79.8 mn
Domestic: Net Short | EGP -146.3 mn
Retail: 55.1% of total trades | 53.0% of buyers | 57.3% of sellers
Institutions: 44.9% of total trades | 47.0% of buyers | 42.7% of sellers
Foreign: 25.0% of total | 27.7% of buyers | 22.3% of sellers
Regional: 13.3% of total | 16.6% of buyers | 10.0% of sellers
Domestic: 61.7% of total | 55.7% of buyers | 67.7% of sellers
WTI: USD 61.9 (+0.36%)
Brent: USD 65.08 (-0.9%)
Natural Gas (Nymex, futures prices) USD 2.63 MMBtu, (+2.81%, MAR 2018 contract)
Gold: USD 1,332.7 / troy ounce (-1.73%)
TASI: 7,506.09 (-0.29%) (YTD: +3.87%)
ADX: 4,577.79 (-0.04%) (YTD: +4.08%)
DFM: 3,270.34 (-0.84%) (YTD: -2.96%)
KSE Weighted Index: 408.00 (-0.03%) (YTD: +1.64%)
QE: 9,098.64 (-0.09%) (YTD: +6.75%)
MSM: 5,000.48 (-0.14%) (YTD: -1.94%)
BB: 1,344.57 (+0.89%) (YTD: +0.97%)