The Market Yesterday
EGP / USD CBE market average: Buy 17.62 | Sell 17.72
EGP / USD at CIB: Buy 17.62 | Sell 17.72
EGP / USD at NBE: Buy 17.57 | Sell 17.67
EGX30 (Sunday): 15,468 (+1.0%)
Turnover: EGP 894 mn (20% BELOW the 90-day average)
EGX 30 year-to-date: +3.0%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.0%. CIB, the index heaviest constituent closed up 0.2%. EGX30’s top performing constituents were Eastern Co up 6.5%; Ezz Steel up 4.0%; and Egyptian Iron & Steel up 3.7%. Yesterday’s worst performing stocks were Emaar Misr down 1.4%; Orascom Construction down 0.9%; and EFG Hermes down 0.7%. The market turnover was EGP 894 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -7.2 mn
Regional: Net Long | EGP +14.5 mn
Domestic: Net Short | EGP -7.3 mn
Retail: 72.1% of total trades | 67.7% of buyers | 76.5% of sellers
Institutions: 27.9% of total trades | 32.3% of buyers | 23.5% of sellers
Foreign: 9.4% of total | 9.0% of buyers | 9.8% of sellers
Regional: 17.4% of total | 18.2% of buyers | 16.6% of sellers
Domestic: 73.2% of total | 72.8% of buyers | 73.6% of sellers
WTI: USD 63.55 (+1.24%)
Brent: USD 67.31 (+1.39%)
Natural Gas (Nymex, futures prices) USD 2.63 MMBtu, (-0.34%, March 2018 contract)
Gold: USD 1,330.3 / troy ounce (-0.18%)
TASI: 7,493.63 (-0.42%) (YTD: +3.7%)
ADX: 4,582.01 (+0.05%) (YTD: +4.17%)
DFM: 3,306.57 (+0.61%) (YTD: -1.88%)
KSE Weighted Index: 410.14 (+0.39%) (YTD: +2.17%)
QE: 9,080.13 (-0.18%) (YTD: +6.53%)
MSM: 4,958.21 (-0.28%) (YTD: -2.77%)
BB: 1,361.65 (+0.73%) (YTD: +2.25%)