The Market Yesterday
EGP / USD CBE market average: Buy 17.63 | Sell 17.73
EGP / USD at CIB: Buy 17.61 | Sell 17.71
EGP / USD at NBE: Buy 17.57 | Sell 17.67
EGX30 (Sunday): 18,304 (-0.3%)
Turnover: EGP 1.1 bn (4% BELOW the 90-day average)
EGX 30 year-to-date: +21.9%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.3%. CIB, the index heaviest constituent ended down 1.3%. EGX30’s top performing constituents were Telecom Egypt up 5.1%, Orascom Telecom Media & Technology up 4.7%, and TMG Holding up 2.8%. Today’s worst performing stocks were Kima down 2.2%, SODIC down 2.0%, and Egyptian Iron & Steel down 1.6%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -42.7 mn
Regional: Net Short | EGP -6.9 mn
Domestic: Net Long | EGP +49.6 mn
Retail: 81.2% of total trades | 83.1% of buyers | 79.3% of sellers
Institutions: 18.8% of total trades | 16.9% of buyers | 20.7% of sellers
Foreign: 9.4% of total | 7.4% of buyers | 11.4% of sellers
Regional: 18.3% of total | 17.9% of buyers | 18.6% of sellers
Domestic: 72.3% of total | 74.6% of buyers | 70.0% of sellers
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PHAROS VIEW
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