The Market Yesterday
EGP / USD CBE market average: Buy 17.5739 | Sell 17.6717
EGP / USD at CIB: Buy 17.55 | Sell 17.65
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Tuesday): 17,114 (-0.3%)
Turnover: EGP 1.6 bn (39% ABOVE the 90-day average)
EGX 30 year-to-date: +13.9%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.3%. CIB, the index heaviest constituent ended down 0.7%. EGX30’s top performing constituents were Qalaa Holdings up 7.2%, AMOC up 5.1%, and Egyptian Resorts up 3.4%. Yesterday’s worst performing stocks Emaar Misr down 3.7%, Heliopolis Housing down 3.3%, and Madinet Nasr Housing down 2.2%. The market turnover was EGP 1.6 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +42.3 mn
Regional: Net Long | EGP +56.1 mn
Domestic: Net Short | EGP -98.3 mn
Retail: 63.9% of total trades | 64.3% of buyers | 63.5% of sellers
Institutions: 36.1% of total trades | 35.7% of buyers | 36.5% of sellers
Foreign: 16.1% of total | 17.5% of buyers | 14.8% of sellers
Regional: 15.0% of total | 16.8% of buyers | 13.2% of sellers
Domestic: 68.8% of total | 65.7% of buyers | 72.0% of sellers
WTI: USD 63.77 (+0.36%)
Brent: USD 67.65 (+0.34%)
Natural Gas (Nymex, futures prices) USD 2.68 MMBtu, (+0.07%, April 2018 contract)
Gold: USD 1,311.40 / troy ounce (-0.04%)
TASI: 7,724.79 (+0.18%) (YTD: +6.90%)
ADX: 4,525.42 (-0.38%) (YTD: +2.89%)
DFM: 3,182.80 (-0.02%) (YTD: -5.56%)
KSE Weighted Index: 409.92 (-0.50%) (YTD: +2.12%)
QE: 8,977.85 (+0.99%) (YTD: +5.33%)
MSM: 4,781.92 (-1.05%) (YTD: -6.22%)
BB: 1,341.05 (-0.53%) (YTD: +0.70%)