The Market Yesterday
EGP / USD CBE market average: Buy 17.5853 | Sell 17.6831
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Monday): 17,104 (+0.7%)
Turnover: EGP 1.7 bn (48% ABOVE the 90-day average)
EGX 30 year-to-date: +13.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.7%. CIB, the index heaviest constituent ended up 0.6%. EGX30’s top performing constituents were Qalaa Holding up 7.1%, SODIC up 6.0%, and Egyptian Resorts up 4.8%. Yesterday’s worst performing stocks Amer Group down 3.0%, ACC down 2.2%, and Abu Dhabi Islamic Bank down 1.6%. The market turnover was EGP 1.7 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +151.3 mn
Regional: Net Short | EGP -49.3 mn
Domestic: Net Short | EGP -102.0 mn
Retail: 56.0% of total trades | 56.8% of buyers | 55.1% of sellers
Institutions: 44.0% of total trades | 43.2% of buyers | 44.9% of sellers
Foreign: 27.5% of total | 32.0% of buyers | 23.0% of sellers
Regional: 9.3% of total | 7.8% of buyers | 10.8% of sellers
Domestic: 63.2% of total | 60.2% of buyers | 66.2% of sellers
WTI: USD 65.70 (+0.23%)
Brent: USD 70.20 (+0.11%)
Natural Gas (Nymex, futures prices) USD 2.64 MMBtu, (+0.69%, April 2018 contract)
Gold: USD 1,359.00 / troy ounce (-0.14%)
TASI: 7,857.46 (+0.19%) (YTD: +8.73%)
ADX: 4,651.05 (+0.78%) (YTD: +5.74%)
DFM: 3,103.80 (-0.36%) (YTD: -7.90%)
KSE Weighted Index: 410.82 (+0.22%) (YTD: +2.34%)
QE: 8,711.91 (-0.47%) (YTD: +2.21%)
MSM: 4,758.42 (-0.92%) (YTD: -6.68%)
BB: 1,325.63 (-0.70%) (YTD: -0.46%)