The Market Yesterday
EGP / USD CBE market average: Buy 17.6172 | Sell 17.7169
EGP / USD at CIB: Buy 17.62 | Sell 17.72
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Wednesday): 17.510 (+0.1%)
Turnover: EGP 2.6 bn (124% ABOVE the 90-day average)
EGX 30 year-to-date: +16.6%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.1%. CIB, the index heaviest constituent ended down 0.1%. EGX30’s top performing constituents were TMG Holding up 8.9%, GB Auto up 5.5%, and Amer Group up 2.5%. Yesterday’s worst performing stocks were Egyptian Resorts down 5.6%, Orascom Telecom Media & Technology down 4.7%, and ACC down 4.4%. The market turnover was EGP 2.6 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +59.1 mn
Regional: Net Long | EGP +127.0 mn
Domestic: Net Short | EGP -186.1 mn
Retail: 61.5% of total trades | 59.6% of buyers | 63.4% of sellers
Institutions: 38.5% of total trades | 40.4% of buyers | 36.6% of sellers
Foreign: 17.6% of total | 18.7% of buyers | 16.4% of sellers
Regional: 16.1% of total | 18.6% of buyers | 13.7% of sellers
Domestic: 66.3% of total | 62.7% of buyers | 69.9% of sellers
WTI: USD 63.58 (+0.33%)
Brent: USD 68.25 (+0.34%)
Natural Gas (Nymex, futures prices) USD 2.71 MMBtu, (-0.40%, May 2018 contract)
Gold: USD 1,335.10 / troy ounce (-0.38%)
TASI: 7,871.67 (+0.92%) (YTD: +8.93%)
ADX: 4,608.97 (+0.52%) (YTD: +4.79%)
DFM: 3,091.15 (-0.30%) (YTD: -8.28%)
KSE Weighted Index: 415.78 (+1.52%) (YTD: +3.58%)
QE: 8,707.67 (-0.16%) (YTD: +2.16%)
MSM: 4,794.61 (+0.41%) (YTD: -5.97%)
BB: 1,282.68 (-0.61%) (YTD: -3.68%)