The Market Yesterday
EGP / USD CBE market average: Buy 17.84 | Sell 17.94
EGP / USD at CIB: Buy 17.84 | Sell 17.94
EGP / USD at NBE: Buy 17.77 | Sell 17.87
EGX30 (Thursday): 16,878 (-0.7%)
Turnover: EGP 869 mn (25% BELOW the 90-day average)
EGX 30 year-to-date: +12.4%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.7%. CIB, the index heaviest constituent ended down 1.3%. EGX30’s top performing constituents were AMOC up 2.1%, Elsewedy Electric up 2.0%, and Abu Qir Fertilizers up 1.3%. Thursday’s worst performing stocks were Telecom Egypt down 3.7%, Porto Group down 3.2%, and Pioneers Holding down 2.9%. The market turnover was EGP 869 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -83.2 mn
Regional: Net Long | EGP +59.0 mn
Domestic: Net Long | EGP +24.2 mn
Retail: 46.1% of total trades | 45.4% of buyers | 46.8% of sellers
Institutions: 53.9% of total trades | 54.6% of buyers | 53.2% of sellers
Foreign: 24.9% of total | 20.2% of buyers | 29.7% of sellers
Regional: 24.1% of total | 27.5% of buyers | 20.7% of sellers
Domestic: 50.9% of total | 52.3% of buyers | 49.5% of sellers
WTI: USD 71.28 (-0.29%)
Brent: USD 78.51 (-1.00%)
Natural Gas (Nymex, futures prices) USD 2.85 MMBtu, (-0.42%, June 2018 contract)
Gold: USD 1,291.30 / troy ounce (+0.15%)
TASI: 8,016.85 (+0.73%) (YTD: +10.94%)
ADX: 4,431.71 (-0.80%) (YTD: +0.76%)
DFM: 2,912.62 (-0.65%) (YTD: -13.57%)
KSE Premier Market: 4,765.78 (-0.21%)
QE: 8,891.16 (-0.66%) (YTD: +4.31%)
MSM: 4,617.71 (-0.78%) (YTD: -9.44%)
BB: 1,272.78 (-0.01%) (YTD: -4.43%)