The Market Yesterday
EGP / USD CBE market average: Buy 17.64 | Sell 17.74
EGP / USD at CIB: Buy 17.62 | Sell 17.72
EGP / USD at NBE: Buy 17.59 | Sell 17.69
EGX30 (Wednesday): 15,245 (+0.2%)
Turnover: EGP 1.9 bn (67% ABOVE the 90-day average)
EGX 30 year-to-date: +1.5%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.2%. CIB, the index heaviest constituent closed up 2.3%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 3.2%; Porto Group up 3.1%; and CIB up 2.3%. Today’s worst performing stocks were GB Auto down 7.6%; Ezz Steel down 4.3%; and Abu Qir Fertilizers down 3.5%. The market turnover was EGP 1.9 bn.
Retail: 35.0% of total trades | 36.6% of buyers | 33.3% of sellers
Institutions: 65.0% of total trades | 63.4% of buyers | 66.7% of sellers
Foreign: 33.7% of total | 52.1% of buyers | 15.2% of sellers
Regional: 26.7% of total | 6.7% of buyers | 46.8% of sellers
Domestic: 39.6% of total | 41.2% of buyers | 38.0% of sellers
WTI: USD 61.12 (-1.08%)
Brent: USD 64.98 (-0.41%)
Natural Gas (Nymex, futures prices) USD 2.65 MMBtu, (+1.41%, MAR 2018 contract)
Gold: USD 1,326.4 / troy ounce (-0.36%)
TASI: 7,505.62 (-0.01%) (YTD: +3.87%)
ADX: 4,583.67 (+0.13%) (YTD: +4.21%)
DFM: 3,285.64 (+0.47%) (YTD: -2.51%)
KSE Weighted Index: 408.55 (+0.13%) (YTD: +1.78%)
QE: 9,119.01 (+0.22%) (YTD: +6.99%)
MSM: 4,987.37 (-0.26%) (YTD: -2.19%)
BB: 1,351.66 (+0.53%) (YTD: +1.5%)