The Market Yesterday
EGP / USD CBE market average: Buy 17.6281 | Sell 17.7281
EGP / USD at CIB: Buy 17.63 | Sell 17.73
EGP / USD at NBE: Buy 17.57 | Sell 17.67
EGX30 (Thursday): 17,411 (-0.6%)
Turnover: EGP 2.2 bn (91% ABOVE the 90-day average)
EGX 30 year-to-date: +15.9%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.6%. CIB, the index heaviest constituent ended up 0.4%. EGX30’s top performing constituents were GB Auto up 8.2%, Pioneers Holding up 4.8%, and Egyptian Aluminum up 3.1%. Thursday’s worst performing stocks TMG Holding down 5.8%, Porto Group down 5.0%, and Egyptian Iron and Steel down 4.5%. The market turnover was EGP 2.2 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +61.7 mn
Regional: Net Long | EGP +56.3 mn
Domestic: Net Short | EGP -118.0 mn
Retail: 51.9% of total trades | 52.5% of buyers | 51.4% of sellers
Institutions: 48.1% of total trades | 47.5% of buyers | 48.6% of sellers
Foreign: 32.3% of total | 33.7% of buyers | 30.9% of sellers
Regional: 12.2% of total | 13.5% of buyers | 10.9% of sellers
Domestic: 55.5% of total | 52.8% of buyers | 58.1% of sellers
WTI: USD 63.39 (-0.05%)
Brent: USD 68.62 (-0.04%)
Natural Gas (Nymex, futures prices) USD 2.71 MMBtu, (+0.48%, May 2018 contract)
Gold: USD 1,338.70 / troy ounce (-0.10%)
TASI: 7,975.45 (+0.09%) (YTD: +10.37%)
ADX: 4,665.24 (+1.35%) (YTD: +6.07%)
DFM: 3,082.13 (+0.36%) (YTD: -8.54%)
KSE Weighted Index: 415.78 (+1.52%) (YTD: +3.58%)
QE: 8,936.77 (+1.76%) (YTD: +4.85%)
MSM: 4,827.89 (+0.14%) (YTD: -5.32%)
BB: 1,287.41 (+0.23%) (YTD: -3.33%)