The Market Yesterday
EGP / USD CBE market average: Buy 17.75 | Sell 17.85
EGP / USD at CIB: Buy 17.74 | Sell 17.84
EGP / USD at NBE: Buy 17.69 | Sell 17.79
EGX30 (Sunday): 17,184 (+0.2%)
Turnover: EGP 814 mn (30% BELOW the 90-day average)
EGX 30 year-to-date: +14.4%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.5%. EGX30’s top performing constituents were Qalaa Holdings up 5.4%, Egyptian Resorts up 5.0%, and Egyptian Iron & Steel up 2.7%. Yesterday’s worst performing stocks were Eastern Co down 2.9%, TMG Holding down 1.9%, and Kima down 1.4%. The market turnover was EGP 814 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +55.4 mn
Regional: Net Long | EGP +5.2 mn
Domestic: Net Short | EGP -60.6 mn
Retail: 74.5% of total trades | 77.5% of buyers | 71.4% of sellers
Institutions: 25.5% of total trades | 22.5% of buyers | 28.6% of sellers
Foreign: 8.2% of total | 11.6% of buyers | 4.8% of sellers
Regional: 8.8% of total | 9.1% of buyers | 8.5% of sellers
Domestic: 83.0% of total | 79.3% of buyers | 86.7% of sellers
WTI: USD 70.70 (0.00%)
Brent: USD 77.08 (-0.05%)
Natural Gas (Nymex, futures prices) USD 2.82 MMBtu, (+0.50%, June 2018 contract)
Gold: USD 1,318.90 / troy ounce (-0.14%)
TASI: 8,023.01 (+1.37%) (YTD: +11.02%)
ADX: 4,424.99 (-0.29%) (YTD: +0.60%)
DFM: 2,892.05 (+0.36%) (YTD: -14.18%)
KSE Premier Market: 4,790.27 (-0.15%)
QE: 8,816.84 (+0.77%) (YTD: +3.44%)
MSM: 4,686.56 (+0.11%) (YTD: -8.09%)
BB: 1,271.09 (+0.03%) (YTD: -4.55%)