The Market Yesterday
EGP / USD CBE market average: Buy 17.77 | Sell 17.87
EGP / USD at CIB: Buy 17.76 | Sell 17.86
EGP / USD at NBE: Buy 17.72 | Sell 17.82
EGX30 (Monday): 16,984 (-1.2%)
Turnover: EGP 1.4 bn (20% ABOVE the 90-day average)
EGX 30 year-to-date: +13.1%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.2%. CIB, the index heaviest constituent ended down 0.3%. EGX30’s top performing constituents were ACC up 3.1%, Orascom Construction up 2.3%, and Abu Dhabi Islamic Bank up 2.1%. Yesterday’s worst performing stocks were Palm Hills down 4.5%, TMG Holding down 4.2%, and SODIC down 3.4%. The market turnover was EGP1.4 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +160.0 mn
Regional: Net Long | EGP +10.8 mn
Domestic: Net Short | EGP -170.8 mn
Retail: 50.0% of total trades | 52.6% of buyers | 47.3% of sellers
Institutions: 50.0% of total trades | 47.4% of buyers | 52.7% of sellers
Foreign: 28.7% of total | 34.2% of buyers | 23.1% of sellers
Regional: 7.2% of total | 7.6% of buyers | 6.9% of sellers
Domestic: 64.1% of total | 58.2% of buyers | 70.0% of sellers
WTI: USD 70.98 (+0.03%)
Brent: USD 78.27 (+0.05%)
Natural Gas (Nymex, futures prices) USD 2.84 MMBtu, (-0.21%, June 2018 contract)
Gold: USD 1,313.70 / troy ounce (-0.34%)
TASI: 8,070.69 (+0.59%) (YTD: +11.68%)
ADX: 4,446.81 (+0.49%) (YTD: +1.10%)
DFM: 2,905.03 (+0.45%) (YTD: -13.80%)
KSE Premier Market: 4,764.52 (-0.54%)
QE: 8,934.39 (+1.33%) (YTD: +4.82%)
MSM: 4,689.66 (+0.07%) (YTD: -8.03%)
BB: 1,272.07 (+0.08%) (YTD: -4.48%)