The Market Yesterday
EGP / USD CBE market average: Buy 17.5636 | Sell 17.6622
EGP / USD at CIB: Buy 17.56 | Sell 17.66
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Monday): 15,709 (+1.2%)
Turnover: EGP 1.4 bn (24% ABOVE the 90-day average)
EGX 30 year-to-date: +4.6%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.2%. CIB, the index heaviest constituent ended up 1.5%. EGX30’s top performing constituents were SODIC up 6.0%, Heliopolis Housing up 4.4%, and Amer Group up 3.2%. Yesterday’s worst performing stocks GB Auto down 1.7%, Egyptian Aluminum down 1.3%, and EFG Hermes down 0.9%. The market turnover was EGP 1.4 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -37.8 mn
Regional: Net Long | EGP +11.5 mn
Domestic: Net Long | EGP +26.3 mn
Retail: 47.2% of total trades | 42.2% of buyers | 52.2% of sellers
Institutions: 52.8% of total trades | 57.8% of buyers | 47.8% of sellers
Foreign: 25.9% of total | 24.6% of buyers | 27.1% of sellers
Regional: 15.4% of total | 15.8% of buyers | 15.0% of sellers
Domestic: 58.7% of total | 59.6% of buyers | 57.9% of sellers
WTI: USD 62.73 (+0.26%)
Brent: USD 65.54 (+1.82%)
Natural Gas (Nymex, futures prices) USD 2.71 MMBtu, (+0.33%, April 2018 contract)
Gold: USD 1,323.30 / troy ounce (+0.26%)
TASI: 7,366.83 (-0.03%) (YTD: +1.94%)
ADX: 4,609.55 (+0.11%) (YTD: +4.80%)
DFM: 3,206.56 (-0.17%) (YTD: -4.85%)
KSE Weighted Index: 413.82 (-0.01%) (YTD: +3.09%)
QE: 8,454.18 (-3.16%) (YTD: -0.81%)
MSM: 4,988.00 (-0.30%) (YTD: -2.18%)
BB: 1,374.59 (-0.41%) (YTD: +3.22%)