The Market Yesterday
EGP / USD CBE market average: Buy 17.85 | Sell 17.95
EGP / USD at CIB: Buy 17.86 | Sell 17.96
EGP / USD at NBE: Buy 17.77 | Sell 17.87
EGX30 (Tuesday): 16,658 (-0.7%)
Turnover: EGP 1.1 bn (5% BELOW the 90-day average)
EGX 30 year-to-date: +10.9%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.7%. CIB, the index heaviest constituent ended down 0.4%. EGX30’s top performing constituents were Pioneers Holding up 2.5%, Qalaa Holdings up 1.0%, and Egyptian Aluminum up 0.8%. Yesterday’s worst performing stocks were EFG Hermes down 2.4%, Orascom Telecom Media & Technology down 2.4%, and Madinet Nasr Housing down 2.2%. The market turnover was EGP 1.1 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +30.7 mn
Regional: Net Long | EGP +10.7 mn
Domestic: Net Short | EGP -41.4 mn
Retail: 49.0% of total trades | 47.5% of buyers | 50.5% of sellers
Institutions: 51.0% of total trades | 52.5% of buyers | 49.5% of sellers
Foreign: 35.2% of total | 36.6% of buyers | 33.8% of sellers
Regional: 6.5% of total | 6.9% of buyers | 6.0% of sellers
Domestic: 58.4% of total | 56.5% of buyers | 60.3% of sellers
WTI: USD 72.13 (-0.15%)
Brent: USD 79.45 (+0.29%)
Natural Gas (Nymex, futures prices) USD 2.90 MMBtu, (+3.31%, June 2018 contract)
Gold: USD 1,290.50 / troy ounce (-0.03%)
TASI: 8,044.67 (+0.60%) (YTD: +11.32%)
ADX: 4,526.61 (+1.53%) (YTD: +2.91%)
DFM: 2,973.10 (+0.88%) (YTD: -11.78%)
KSE Premier Index: 4,752.83 ( -0.27%)
QE: 8,993.22 (+0.55%) (YTD: +5.51%)
MSM: 4,579.24 (-0.36%) (YTD: -10.20%)
BB: 1,265.48 (-0.19%) (YTD: -4.97%)