The Market Yesterday
EGP / USD CBE market average: Buy 17.56 | Sell 17.66
EGP / USD at CIB: Buy 17.54 | Sell 17.64
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Monday): 16,742 (+2.1%)
Turnover: EGP 2.4 bn (108% ABOVE the 90-day average)
EGX 30 year-to-date: +11.5%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 2.1%. CIB, the index heaviest constituent ended up 3.4%. EGX30’s top performing constituents were ACC up 6.7%, Pioneers Holding up 5.9%, and Elsewedy Electric up 5.9%. Yesterday’s worst performing stocks Eastern Co down 1.8% and Egyptian Aluminum down 0.3%. The market turnover was EGP 2.4 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +190.5 mn
Regional: Net Long | EGP +18.8 mn
Domestic: Net Short | EGP -209.3 mn
Retail: 56.2% of total trades | 51.3% of buyers | 61.2% of sellers
Institutions: 43.8% of total trades | 48.7% of buyers | 38.8% of sellers
Foreign: 23.3% of total | 27.2% of buyers | 19.4% of sellers
Regional: 12.7% of total | 13.1% of buyers | 12.3% of sellers
Domestic: 64.0% of total | 59.7% of buyers | 68.3% of sellers
WTI: USD 61.38 (+0.03%)
Brent: USD 64.95 (-0.82%)
Natural Gas (Nymex, futures prices) USD 2.79 MMBtu, (+0.25%, April 2018 contract)
Gold: USD 1,323.30 / troy ounce (+0.19%)
TASI: 7,780.83 (+1.10%) (YTD: +7.67%)
ADX: 4,534.17 (+0.01%) (YTD: +3.09%)
DFM: 3,165.51 (-0.70%) (YTD: -6.07%)
KSE Weighted Index: 409.52 (-0.17%) (YTD: +2.02%)
QE: 8,663.04 (+4.97%) (YTD: +1.64%)
MSM: 4,875.42 (-0.62%) (YTD: -4.39%)
BB: 1,353.28 (-1.07%) (YTD: +1.62%)