The Market Yesterday
EGP / USD CBE market average: Buy 17.65 | Sell 17.75
EGP / USD at CIB: Buy 17.63 | Sell 17.73
EGP / USD at NBE: Buy 17.57 | Sell 17.67
EGX30 (Thursday): 17,781 (+0.4%)
Turnover: EGP 1.4 bn (22% BELOW / ABOVE the 90-day average)
EGX 30 year-to-date: +18.4%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.4%. CIB, the index heaviest constituent ended up 1.1%. EGX30’s top performing constituents were Egypt Aluminum up 5.8%, Qalaa Holdings up 3.4%, and Abu Qir Fertilizers up 2.4%. Thursday’s worst performing stocks were Pioneers Holding down 6.6%, Amer Group down 2.6%, and Global Telecom down 2.3%. The market turnover was EGP 1.4 bn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -67.7 mn
Regional: Net Long | EGP +122.8 mn
Domestic: Net Short | EGP -55.1 mn
Retail: 67.8% of total trades | 67.6% of buyers | 68.0% of sellers
Institutions: 32.2% of total trades | 32.4% of buyers | 32.0% of sellers
Foreign: 14.7% of total | 12.3% of buyers | 17.1% of sellers
Regional: 13.7% of total | 18.1% of buyers | 9.4% of sellers
Domestic: 71.6% of total | 69.6% of buyers | 73.5% of sellers
WTI: USD 68.40 (+0.10%)
Brent: USD 74.06 (+0.38%)
Natural Gas (Nymex, futures prices) USD 2.74 MMBtu, (+2.979%, May 2018 contract)
Gold: USD 1,338.30 / troy ounce (-0.78%)
TASI: 8,277.14 (+1.61%) (YTD: +14.54%)
ADX: 4,706.56 (+0.52%) (YTD: +7.01%)
DFM: 3,082.09 (-0.18%) (YTD: -8.55%)
KSE Premier Market: 4,773.19 (-0.09%)
QE: 9,196.62 (+1.56%) (YTD: +7.90%)
MSM: 4,759.65 (+0.16%) (YTD: -6.66%)
BB: 1,301.40 (-0.04%) (YTD: -2.28%)