The Market Yesterday
EGP / USD CBE market average: Buy 17.78 | Sell 17.88
EGP / USD at CIB: Buy 17.78 | Sell 17.88
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Tuesday): 16,986 (0.00%)
Turnover: EGP 1.4 bn (20% ABOVE the 90-day average)
EGX 30 year-to-date: +13.1%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session almost flat. CIB, the index heaviest constituent ended down 0.9%. EGX30’s top performing constituents were Global Telecom up 5.9%, Emaar Misr up 4.6%, and Orascom Telecom Media & Technology up 3.7%. Yesterday’s worst performing stocks were GB Auto down 2.4%, Juhayna down 2.4%, and Egyptian Resorts down 2.2%. The market turnover was EGP1.4 bn, and regional investors were the sole net sellers.
Foreigners: Net Net | EGP +10.1 mn
Regional: Net Short | EGP -77.5 mn
Domestic: Net Long | EGP +67.4 mn
Retail: 55.5% of total trades | 57.8% of buyers | 53.3% of sellers
Institutions: 44.5% of total trades | 42.2% of buyers | 46.7% of sellers
Foreign: 21.1% of total | 21.5% of buyers | 20.8% of sellers
Regional: 13.2% of total | 10.4% of buyers | 15.9% of sellers
Domestic: 65.7% of total | 68.1% of buyers | 63.3% of sellers
WTI: USD 71.07 (-0.34%)
Brent: USD 78.21 (-0.28%)
Natural Gas (Nymex, futures prices) USD 2.82 MMBtu, (-0.46%, June 2018 contract)
Gold: USD 1,293.10 / troy ounce (+0.22%)
TASI: 8,039.29 (-0.39%) (YTD: +11.25%)
ADX: 4,470.57 (+0.53%) (YTD: +1.64%)
DFM: 2,936.75 (+1.09%) (YTD: -12.86%)
KSE Premier Market: 4,780.63 (+0.34%)
QE: 8,922.00 (-0.14%) (YTD: +4.68%)
MSM: 4,684.75 (-0.10%) (YTD: -8.13%)
BB: 1,273.93 (+0.15%) (YTD: -4.34%)