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Tuesday, 10 April 2018

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

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%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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