The Market Yesterday
EGP / USD CBE market average: Buy 17.64 | Sell 17.74
EGP / USD at CIB: Buy 17.63 | Sell 17.73
EGP / USD at NBE: Buy 17.59 | Sell 17.69
EGX30 (Monday): 17,523 (-0.5%)
Turnover: EGP 927 mn (19% BELOW the 90-day average)
EGX 30 year-to-date: +16.7%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.5%. CIB, the index heaviest constituent down ended 1.1%. EGX30’s top performing constituents were TMG Holding up 2.2%, Palm Hills up 1.8%, and EFG Hermes up 1.5%. Yesterday’s worst performing stocks were Egyptian Iron & Steel down 4.7%, GB Auto down 2.5%, and Eastern Co down 2.3%. The market turnover was EGP 927 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -24.0 mn
Regional: Net Short | EGP -9.7 mn
Domestic: Net Long | EGP +33.7 mn
Retail: 63.8% of total trades | 63.7% of buyers | 63.9% of sellers
Institutions: 36.2% of total trades | 36.3% of buyers | 36.1% of sellers
Foreign: 18.0% of total | 16.7% of buyers | 19.3% of sellers
Regional: 14.4% of total | 13.9% of buyers | 14.9% of sellers
Domestic: 67.6% of total | 69.5% of buyers | 65.8% of sellers
WTI: USD 70.14 (-0.83%)
Brent: USD 76.17 (+1.74%)
Natural Gas (Nymex, futures prices) USD 2.74 MMBtu, (-0.15%, June 2018 contract)
Gold: USD 1,315.00 / troy ounce (+0.07%)
TASI: 8,117.42 (+0.04%) (YTD: +12.33%)
ADX: 4,540.09 (-0.44%) (YTD: +3.22%)
DFM: 2,962.84 (-0.32%) (YTD: -12.08%)
KSE Premier Market: 4,795.50 (+0.24%)
QE: 8,983.79 (+0.85%) (YTD: +5.40%)
MSM: 4,711.73 (-0.14%) (YTD: -7.60%)
BB: 1,278.61 (+0.22%) (YTD: -3.99%)