The Market Yesterday
EGP / USD CBE market average: Buy 17.64 | Sell 17.74
EGP / USD at CIB: Buy 17.64 | Sell 17.74
EGP / USD at NBE: Buy 17.57 | Sell 17.67
EGX30 (Sunday): 17,898 (+0.7%)
Turnover: EGP 1.2 bn (5% ABOVE the 90-day average)
EGX 30 year-to-date: +19.2%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.7%. CIB, the index heaviest constituent ended up 0.4%. EGX30’s top performing constituents were Qalaa Holdings up 8.5%, Orascom Telecom Media & Technology up 7.6%, and Porto Group up 5.4%. Yesterday’s worst performing stocks were SODIC down 2.0%, TMG Holding down 1.4%, and Madinet Nasr Housing down 0.8%. The market turnover was EGP 1.2 bn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -30.5 mn
Regional: Net Long | EGP +65.0 mn
Domestic: Net Short | EGP -34.6 mn
Retail: 80.2% of total trades | 81.8% of buyers | 78.7% of sellers
Institutions: 19.8% of total trades | 18.2% of buyers | 21.3% of sellers
Foreign: 4.9% of total | 3.7% of buyers | 6.2% of sellers
Regional: 10.7% of total | 13.4% of buyers | 8.0% of sellers
Domestic: 84.4% of total | 82.9% of buyers | 85.8% of sellers
WTI: USD 68.26 (-0.20%)
Brent: USD 73.95 (-0.15%)
Natural Gas (Nymex, futures prices) USD 2.74 MMBtu, (-0.04%, May 2018 contract)
Gold: USD 1,335.80 / troy ounce (-0.19%)
TASI: 8,256.60 (-0.25%) (YTD: +14.26%)
ADX: 4,682.47 (-0.51%) (YTD: +6.46%)
DFM: 3,079.51 (-0.08%) (YTD: -8.62%)
KSE Premier Market: 4,776.40 (+0.07%)
QE: 9,155.55 (-0.45%) (YTD: +7.42%)
MSM: 4,761.05 (+0.03%) (YTD: -6.63%)
BB: 1,301.08 (-0.02%) (YTD: -2.30%)