The Market Yesterday
EGP / USD CBE market average: Buy 17.86 | Sell 17.96
EGP / USD at CIB: Buy 17.86 | Sell 17.96
EGP / USD at NBE: Buy 17.77 | Sell 17.87
EGX30 (Wednesday): 16,993 (0.00%)
Turnover: EGP 1.1 bn (5% BELOW the 90-day average)
EGX 30 year-to-date: +13.31%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session almost flat. CIB, the index heaviest constituent ended up 1.2%. EGX30’s top performing constituents were TMG Holding up 1.8%, ACC up 1.4%, and AMOC up 1.3%. Yesterday’s worst performing stocks were Elsewedy Electric down 4.1%, GB Auto down 2.5%, and Telecom Egypt down 2.4%. The market turnover was EGP 1.1 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +26.9 mn
Regional: Net Short | EGP -4.4 mn
Domestic: Net Short | EGP -22.6 mn
Retail: 59.8% of total trades | 62.0% of buyers | 57.6% of sellers
Institutions: 40.2% of total trades | 38.0% of buyers | 42.4% of sellers
Foreign: 21.7% of total | 22.9% of buyers | 20.4% of sellers
Regional: 10.8% of total | 10.6% of buyers | 11.0% of sellers
Domestic: 67.5% of total | 66.5% of buyers | 68.6% of sellers
WTI: USD 71.70 (+0.29%)
Brent: USD 79.32 (+0.05%)
Natural Gas (Nymex, futures prices) USD 2.82 MMBtu, (+0.04%, June 2018 contract)
Gold: USD 1,292.90 / troy ounce (+0.11%)
TASI: 7,958.47 (-1.01%) (YTD: +10.13%)
ADX: 4,467.43 (-0.07%) (YTD: +1.57%)
DFM: 2,931.59 (-0.18%) (YTD: -13.01%)
KSE Premier Market: 4,775.99 (-0.1%)
QE: 8,950.60 (+0.32%) (YTD: +5.01%)
MSM: 4,653.78 (-0.66%) (YTD: -8.74%)
BB: 1,272.92 (-0.08%) (YTD: -4.41%)