The Market Yesterday
EGP / USD CBE market average: Buy 17.5861 | Sell 17.6828
EGP / USD at CIB: Buy 17.59 | Sell 17.69
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Thursday): 17,065 (-0.5%)
Turnover: EGP 1.5 bn (31% above the 90-day average)
EGX 30 year-to-date: +13.6%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.5%. CIB, the index heaviest constituent ended down 0.3%. EGX30’s top performing constituents were Egyptian Resorts up 7.4%, Amer Group up 3.2%, and Porto Group up 2.9%. Thursday’s worst performing stocks Qalaa Holdings down 4.1%, Egyptian Aluminum down 2.8%, and Pioneers Holding down 2.6%. The market turnover was down EGP 1.5 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +50.8 mn
Regional: Net Long | EGP +2.2 mn
Domestic: Net Short | EGP -53.0 mn
Retail: 69.0% of total trades | 71.1% of buyers | 66.8% of sellers
Institutions: 31.0% of total trades | 28.9% of buyers | 33.2% of sellers
Foreign: 17.1% of total | 18.8% of buyers | 15.4% of sellers
Regional: 7.1% of total | 7.1% of buyers | 7.0% of sellers
Domestic: 75.9% of total | 74.1% of buyers | 77.6% of sellers
WTI: USD 65.88 (+2.46%)
Brent: USD 70.45 (+2.23%)
Natural Gas (Nymex, futures prices) USD 2.59 MMBtu, (-0.99%, April 2018 contract)
Gold: USD 1,355.70 / troy ounce (+1.69%)
TASI: 7,840.94 (+1.02%) (YTD: +8.51%)
ADX: 4,577.84 (+0.24%) (YTD: +4.08%)
DFM: 3,149.53 (-1.78%) (YTD: -6.54%)
KSE Weighted Index: 409.71 (+0.11%) (YTD: +2.07%)
QE: 8,825.70 (-0.54%) (YTD: +3.55%)
MSM: 4,800.93 (+0.10%) (YTD: -5.85%)
BB: 1,333.91 (-0.19%) (YTD: +0.16%)