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Thursday, 26 April 2018

The Market Yesterday

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Pharos Holding -

EGP / USD CBE market average: Buy 17.64 | Sell 17.74
Buy 17.65 | Sell 17.75
EGP / USD at NBE: Buy 17.57 | Sell 17.67

EGX30 (Tuesday): 18,122 (+0.2%)
Turnover: EGP 1.5 bn (30% ABOVE the 90-day average)
EGX 30 year-to-date: +20.7%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.23%. CIB, the index heaviest constituent ended up 2.0%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 4.7%, Global Telecom up 3.6%, and Egyptian Iron and Steel up 3.3%. Tuesday’s worst performing stocks were Amer Group down 4.9%, Qalaa Holding down 4.2%, and Madinet Nasr Housing down 3.5%. The market turnover was EGP 1.5 bn, and local investors were the sole net sellers.

Foreigners: Net Long | EGP +44.5 mn
Regional: Net Long | EGP +88.3 mn
Domestic: Net Short | EGP -132.8 mn

Retail: 76.1% of total trades | 73.2% of buyers | 78.9% of sellers
Institutions: 23.9% of total trades | 26.8% of buyers | 21.1% of sellers

Foreign: 12.2% of total | 13.7% of buyers | 10.7% of sellers
Regional: 10.0% of total | 13.0% of buyers | 7.1% of sellers
Domestic: 77.8% of total | 73.3% of buyers | 82.2% of sellers

WTI: USD 68.37 (+0.47%)

Brent: USD 74.42 (+0.57%)
Natural Gas (Nymex, futures prices) USD 2.79 MMBtu, (+0.07%, May 2018 contract)

Gold: USD 1,324.90 / troy ounce (+0.16%)

TASI: 8,233.05 (-0.99%) (YTD: +13.93%)
ADX: 4,671.09 (-0.39%) (YTD: +6.20%)
DFM: 3,026.32 (-0.26%) (YTD: -10.20%)

KSE Premier Market: 4,822.63 (+0.61%)
QE: 9,109.64 (+0.20%) (YTD: +6.88%)
MSM: 4,740.72 (-0.45%) (YTD: -7.03%)
BB: 1,269.20 (-1.03%) (YTD: -4.69%)

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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