The Market Yesterday
EGP / USD CBE market average: Buy 17.86 | Sell 17.96
EGP / USD at CIB: Buy 17.84 | Sell 17.94
EGP / USD at NBE: Buy 17.77 | Sell 17.87
EGX30 (Monday): 16,781 (0.00%)
Turnover: EGP 771 mn (33% BELOW the 90-day average)
EGX 30 year-to-date: +11.7%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session almost flat. CIB, the index heaviest constituent ended down 0.6%. EGX30’s top performing constituents were Egypt Aluminum up 3.5%, Pioneers Holding up 3.4%, and Abu Qir Fertilizers up 2.7%. Yesterday’s worst performing stocks were Amer Group down 3.0%, Eastern Co down 2.4%, and EFG Hermes down 1.2%. The market turnover was EGP 771 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -48.8 mn
Regional: Net Short | EGP -13.1 mn
Domestic: Net Long | EGP +61.9 mn
Retail: 55.5% of total trades | 55.7% of buyers | 55.3% of sellers
Institutions: 44.5% of total trades | 44.3% of buyers | 44.7% of sellers
Foreign: 27.2% of total | 24.1% of buyers | 30.4% of sellers
Regional: 8.1% of total | 7.3% of buyers | 9.0% of sellers
Domestic: 64.7% of total | 68.7% of buyers | 60.7% of sellers
WTI: USD 72.45 (+0.29%)
Brent: USD 79.22 (+0.90%)
Natural Gas (Nymex, futures prices) USD 2.82 MMBtu, (+0.32%, June 2018 contract)
Gold: USD 1,292.60 / troy ounce (+0.13%)
TASI: 7,996.43 (-0.27%) (YTD: +10.66%)
ADX: 4,458.33 (+0.73%) (YTD: +1.36%)
DFM: 2,947.08 (+0.97%) (YTD: -12.55%)
KSE Premier Market: 4,765.78 (-0.11%)
QE: 8,943.75 (+0.98%) (YTD: +4.93%)
MSM: 4,595.59 (+0.12%) (YTD: -9.88%)
BB: 1,267.93 (+0.05%) (YTD: -4.79%)