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 17.79 | Sell 17.89
EGX30 (Sunday): 16,648 (+0.1%)
Turnover: EGP 458 mn (60% BELOW the 90-day average)
EGX 30 year-to-date: +10.8%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session Up 0.1%. CIB, the index heaviest constituent ended down 0.6%. EGX30’s top performing constituents were Eastern Co up 5.1%, Emaar Misr up 4.4% and Kima up 2.7%. Yesterday’s worst performing stocks were Juhayna down 2.6%, Amoc down 2.0%, and Abu Qir Fertilizers down 1.9%. The market turnover was EGP 458 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +54.6 mn
Regional: Net Short | EGP -8.4 mn
Domestic: Net Short | EGP -46.2 mn
Retail: 59.5% of total trades | 59.8% of buyers | 59.1% of sellers
Institutions: 40.5% of total trades | 40.2% of buyers | 40.9% of sellers
Foreign: 18.2% of total | 24.1% of buyers | 12.2% of sellers
Regional: 6.1% of total | 5.2% of buyers | 7.0% of sellers
Domestic: 75.7% of total | 70.7% of buyers | 80.8% of sellers
WTI: USD 67.13 (-1.10%)
Brent: USD 75.75 (-0.90%)
Natural Gas (Nymex, futures prices) USD 2.93 MMBtu, (-0.17%, June 2018 contract)
Gold: USD 1,303.60 / troy ounce (-0.41%)
TASI: 7,972.05 (-0.82%) (YTD: +10.32%)
ADX: 4,536.82 (-1.40%) (YTD: +3.15%)
DFM: 2,932.09 (-0.76%) (YTD: -13.00%)
KSE Premier Market: 4,683.57 (-0.09%)
QE: 8,992.81 (-0.62%) (YTD: +5.51%)
MSM: 4,566.98 (+0.06%) (YTD: -10.44%)
BB: 1,263.18 (+0.00%) (YTD: -5.15%)