The Market Yesterday
EGP / USD CBE market average: Buy 17.5853 | Sell 17.6828
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Sunday): 16,985 (-0.5%)
Turnover: EGP 1.4 bn (22% below / above the 90-day average)
EGX 30 year-to-date: +13.0%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.5%. CIB, the index heaviest constituent ended down 0.2%. EGX30’s top performing constituents were Porto Group up 5.6%, Global Telecom up 5.2%, and Amer Group up 3.1%. Yesterday’s worst performing stocks ACC down 3.3%, EFG Hermes down 2.6%, and Eastern Co. down 2.6%. The market turnover was EGP 1.4 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +380.0 mn
Regional: Net Short | EGP -364.2 mn
Domestic: Net Short | EGP -15.8 mn
Retail: 53.5% of total trades | 53.2% of buyers | 53.8% of sellers
Institutions: 46.5% of total trades | 46.8% of buyers | 46.2% of sellers
Foreign: 20.5% of total | 34.1% of buyers | 6.8% of sellers
Regional: 20.3% of total | 7.3% of buyers | 33.4% of sellers
Domestic: 59.2% of total | 58.6% of buyers | 59.8% of sellers
WTI: USD 66.04 (+0.24%)
Brent: USD 70.46 (+0.01%)
Natural Gas (Nymex, futures prices) USD 2.58 MMBtu, (-0.42%, April 2018 contract)
Gold: USD 1,352.80 / troy ounce (-0.21%)
TASI: 7,842.63 (+0.02%) (YTD: +8.53%)
ADX: 4,615.27 (+0.82%) (YTD: +4.93%)
DFM: 3,115.16 (-1.09%) (YTD: -7.56%)
KSE Weighted Index: 409.90 (+0.05%) (YTD: +2.11%)
QE: 8,752.66 (-0.83%) (YTD: +2.69%)
MSM: 4,802.56 (+0.03%) (YTD: -5.82%)
BB: 1,334.96 (+0.08%) (YTD: +0.24%)