The Market Yesterday
EGP / USD CBE market average: Buy 17.63 | Sell 17.73
EGP / USD at CIB: Buy 17.63 | Sell 17.73
EGP / USD at NBE: Buy 17.57 | Sell 17.67
EGX30 (Sunday): 17,589 (-0.2%)
Turnover: EGP 991 mn (13% BELOW the 90-day average)
EGX 30 year-to-date: +17.1%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.2%. CIB, the index heaviest constituent ended up 0.1%. EGX30’s top performing constituents were Telecom Egypt up 4.1%, Amer Group up 2.7%, and Orascom Telecom Media & Technology up 2.6%. Yesterday’s worst performing stocks were ACC down 2.8%, Egyptian Iron & Steel down 2.6%, and Pioneers Holding down 2.0%. The market turnover was EGP 991 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -484.6 mn
Regional: Net Long | EGP +237.8 mn
Domestic: Net Long | EGP +246.8 mn
Retail: 52.4% of total trades | 60.6% of buyers | 44.2% of sellers
Institutions: 47.6% of total trades | 39.4% of buyers | 55.8% of sellers
Foreign: 30.9% of total | 15.8% of buyers | 46.1% of sellers
Regional: 18.1% of total | 25.5% of buyers | 10.6% of sellers
Domestic: 51.0% of total | 58.7% of buyers | 43.3% of sellers
WTI: USD 66.90 (-0.73%)
Brent: USD 71.99 (-0.81%)
Natural Gas (Nymex, futures prices) USD 2.74 MMBtu, (+0.33%, May 2018 contract)
Gold: USD 1,346.20 / troy ounce (-0.13%)
TASI: 7,972.51 (+1.90%) (YTD: +10.33%)
ADX: 4,699.43 (+1.00%) (YTD: +6.84%)
DFM: 3,150.93 (+1.83%) (YTD: -6.50%)
KSE Weighted Index: 415.78 (+1.52%) (YTD: +3.58%)
QE: 8,891.89 (-0.30%) (YTD: +4.32%)
MSM: 4,776.55 (-0.27%) (YTD: -6.33%)
BB: 1,292.47 (+0.08%) (YTD: -2.95%)