The Market Yesterday
EGP / USD CBE market average: Buy 17.5692 | Sell 17.6689
EGP / USD at CIB: Buy 17.55 | Sell 17.65
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Sunday): 17,271 (+1.6%)
Turnover: EGP 2.1 bn (82% ABOVE the 90-day average)
EGX 30 year-to-date: +15.0%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.6%. CIB, the index heaviest constituent ended up 2.2%. EGX30’s top performing constituents were Qalaa Holdings up 8.5%, Egyptian Resorts up 6.3%, and Orascom Telecom Media & Technology up 5.8%. Yesterday’s worst performing stocks ACC down 2.9%, Global Telecom down 2.0%, and GB Auto down 1.0%. The market turnover was EGP 2.1 bn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +108.9 mn
Regional: Net Short | EGP -193.0 mn
Domestic: Net Long | EGP +84.1 mn
Retail: 64.7% of total trades | 63.1% of buyers | 66.2% of sellers
Institutions: 35.3% of total trades | 36.9% of buyers | 33.8% of sellers
Foreign: 15.5% of total | 18.1% of buyers | 12.8% of sellers
Regional: 19.1% of total | 14.4% of buyers | 23.7% of sellers
Domestic: 65.5% of total | 67.5% of buyers | 63.4% of sellers
WTI: USD 62.00 (-0.55%)
Brent: USD 65.85 (-0.54%)
Natural Gas (Nymex, futures prices) USD 2.69 MMBtu, (+0.00%, April 2018 contract)
Gold: USD 1,311.30 / troy ounce (-0.08%)
TASI: 7,728.06 (-0.21%) (YTD: +6.94%)
ADX: 4,533.11 (-0.21%) (YTD: +3.06%)
DFM: 3,192.78 (-0.14%) (YTD: -5.26%)
KSE Weighted Index: 413.20 (+0.27%) (YTD: +2.93%)
QE: 8,802.80 (-0.51%) (YTD: +3.28%)
MSM: 4,892.98 (-0.08%) (YTD: -4.05%)
BB: 1,352.49 (-0.22%) (YTD: +1.56%)