Powered by

EGP / USD CBE market average: Buy 17.56 | Sell 17.66
EGP / USD at CIB: Buy 17.56 | Sell 17.66
EGP / USD at NBE: Buy 17.55 | Sell 17.65

EGX30 (Wednesday): 16,384 (+2.3%)
Turnover: EGP 1.9 bn (67% ABOVE the 90-day average)
EGX 30 year-to-date: +9.1%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 2.3%. CIB, the index heaviest constituent ended up 3.6%. EGX30’s top performing constituents were Eastern Co up 6.7%, Elsewedy Electric up 4.7%, and Orascom Construction up 4.2%. Yesterday’s worst performing stocks Egyptian Resorts down 1.9%, Heliopolis Housing down 1.8%, and Juhayna down 1.5%. The market turnover was EGP 1.9 bn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +266.6 mn
Regional: Net Short | EGP -15.7 mn
Domestic: Net Short | EGP -250.9 mn

Retail: 52.2% of total trades | 48.4% of buyers | 56.0% of sellers
Institutions: 47.8% of total trades | 51.6% of buyers | 44.0% of sellers

Foreign: 27.0% of total | 33.8% of buyers | 20.1% of sellers
Regional: 13.0% of total | 12.6% of buyers | 13.4% of sellers
Domestic: 60.0% of total | 53.6% of buyers | 66.5% of sellers

WTI: USD 61.32 (+0.28%)
Brent: USD 64.34 (-2.20%)
Natural Gas (Nymex, futures prices) USD 2.78 MMBtu, (+0.00%, April 2018 contract)
Gold: USD 1,326.60 / troy ounce (-0.08%)

TASI: 7,453.17 (+0.21%) (YTD: +3.14%)
ADX: 4,519.58 (-0.09%) (YTD: +2.75%)
DFM: 3,181.96 (-0.72%) (YTD: -5.58%)
KSE Weighted Index: 412.08 (-0.23%) (YTD: +2.66%)
QE: 8,371.11 (-0.69%) (YTD: -1.79%)
MSM: 4,928.10 (-0.39%) (YTD: -3.36%)
BB: 1,366.29 (-0.62%) (YTD: +2.60%)