The Market Yesterday
EGP / USD CBE market average: Buy 17.85 | Sell 17.95
EGP / USD at CIB: Buy 17.85 | Sell 17.95
EGP / USD at NBE: Buy 17.8 | Sell 17.9
EGX30 (Thursday): 16,415 (-2.1%)
Turnover: EGP 3.3 bn (185% ABOVE the 90-day average)
EGX 30 year-to-date: +9.3%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 2.1%. CIB, the index heaviest constituent ended down 3.0%. EGX30’s top performing constituents were Telecom Egypt up 2.4%, Eastern Co up 1.4% and Juhayna up 0.9%. Thursday’s worst performing stocks were Egyptian Resorts down 4.3%, Global Telecom down 3.9%, and Elsewedy Electric down 3.9%. The market turnover was EGP 3.3 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +239.4 mn
Regional: Net Short | EGP -164.7 mn
Domestic: Net Short | EGP -74.6 mn
Retail: 23.0% of total trades | 24.5% of buyers | 21.4% of sellers
Institutions: 77.0% of total trades | 75.5% of buyers | 78.6% of sellers
Foreign: 49.7% of total | 53.3% of buyers | 46.1% of sellers
Regional: 14.1% of total | 11.7% of buyers | 16.6% of sellers
Domestic: 36.1% of total | 35.0% of buyers | 37.3% of sellers
WTI: USD 65.81 (-1.83%)
Brent: USD 76.79 (-0.99%)
Natural Gas (Nymex, futures prices) USD 2.96 MMBtu, (+0.34%, July 2018 contract)
Gold: USD 1,299.30 / troy ounce (-0.41%)
TASI: 8,161.08 (+1.89%) (YTD: +12.94%)
ADX: 4,605.04 (+1.05%) (YTD: +4.70%)
DFM: 2,964.13 (+1.89%) (YTD: -12.05%)
KSE Premier Market: 4,690.55 (-0.28%)
QE: 8,880.51 (-0.40%) (YTD: +4.19%)
MSM: 4,606.68 (+0.21%) (YTD: -9.66%)
BB: 1,265.80 (+0.40%) (YTD: -4.95%)