The Market Yesterday
EGP / USD CBE market average: Buy 17.59 | Sell 17.69
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.56 | Sell 17.66
EGX30 (Tuesday): 15,523 (+0.5%)
Turnover: EGP 1.2 bn (6% ABOVE the 90-day average)
EGX 30 year-to-date: +3.4%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.5%. CIB, the index heaviest constituent closed down 0.3%. EGX30’s top performing constituents were Eastern Co up 3.5%; Egyptian Iron & Steel up 3.3%; and Amer Group up 3.2%. Today’s worst performing stocks Qalaa Holdings down 1.4%; GB Auto down 1.4%; and ACC down 1.3%. The market turnover was EGP 1.2 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +10.2 mn
Regional: Net Long | EGP +10.1 mn
Domestic: Net Short | EGP -20.3 mn
Retail: 54.8% of total trades | 53.1% of buyers | 56.6% of sellers
Institutions: 45.2% of total trades | 46.9% of buyers | 43.4% of sellers
Foreign: 22.6% of total | 23.0% of buyers | 22.2% of sellers
Regional: 16.7% of total | 17.2% of buyers | 16.3% of sellers
Domestic: 60.7% of total | 59.8% of buyers | 61.5% of sellers
WTI: USD 62.83 (-0.29%)
Brent: USD 66.63 (-1.29%)
Natural Gas (Nymex, futures prices) USD 2.69 MMBtu, (+0.34%, APR 2018 contract)
Gold: USD 1,319.4 / troy ounce (+0.06%)
TASI: 7,465.47 (-0.09%) (YTD: +3.31%)
ADX: 4,599.22 (+0.13%) (YTD: +4.56%)
DFM: 3,286.58 (-0.61%) (YTD: -2.48%)
KSE Weighted Index: 412.89 (+0.67%) (YTD: +2.86%)
QE: 8,929.5 (-0.7%) (YTD: +4.76%)
MSM: 4,993.16 (+0.16%) (YTD: -2.08%)
BB: 1,365.81 (-0.36%) (YTD: +2.56%)