The Market Yesterday
EGP / USD CBE market average: Buy 17.5665 | Sell 17.6660
EGP / USD at CIB: Buy 17.56 | Sell 17.66
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Tuesday): 16,022 (+2.0%)
Turnover: EGP 1.9 mn (67% ABOVE the 90-day average)
EGX 30 year-to-date: +6.7%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 2.0%. CIB, the index heaviest constituent ended up 3.2%. EGX30’s top performing constituents were Emaar Misr up 5.5%, GB Auto up 5.5%, and TMG Holding up 4.0%. Yesterday’s worst performing stocks Juhayna down 3.8%, Abu Qir Fertilizers down 1.0%, and AMOC down 0.7%. The market turnover was EGP 1.9 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +249.8 mn
Regional: Net Long | EGP +14.5 mn
Domestic: Net Short | EGP -264.3 mn
Retail: 52.2% of total trades | 44.9% of buyers | 59.6% of sellers
Institutions: 47.8% of total trades | 55.1% of buyers | 40.4% of sellers
Foreign: 25.0% of total | 31.5% of buyers | 18.6% of sellers
Regional: 16.0% of total | 16.4% of buyers | 15.6% of sellers
Domestic: 59.0% of total | 52.1% of buyers | 65.8% of sellers
WTI: USD 62.02 (-0.93%)
Brent: USD 65.19 (-0.91%)
Natural Gas (Nymex, futures prices) USD 2.75 MMBtu, (+0.11%, April 2018 contract)
Gold: USD 1,336.60 / troy ounce (+0.10%)
TASI: 7,437.61 (+0.96%) (YTD: +2.92%)
ADX: 4,523.49 (-1.87%) (YTD: +2.84%)
DFM: 3,204.91 (-0.05%) (YTD: -4.90%)
KSE Weighted Index: 413.01 (-0.20%) (YTD: +2.89%)
QE: 8,429.30 (-0.29%) (YTD: -1.10%)
MSM: 4,947.40 (-0.81%) (YTD: -2.98%)
BB: 1,374.77 (+0.01%) (YTD: +3.23%)