The Market Yesterday
EGP / USD CBE market average: Buy 17.85 | Sell 17.95
EGP / USD at CIB: Buy 17.84 | Sell 17.94
EGP / USD at NBE: Buy 17.8 | Sell 17.9
EGX30 (Sunday): 16,675 (+1.6%)
Turnover: EGP 669 mn (41% below the 90-day average)
EGX 30 year-to-date: +11.0%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.6%. CIB, the index heaviest constituent ended down 2.6%. EGX30’s top performing constituents were Amer Group up 3.2%, Telecom Egypt up 2.9% and CIB up 2.6%. Yesterday’s worst performing stocks were Global Telecom down 1.0%, AMOC down 0.6%, and Eastern Co was flat. The market turnover was EGP 669 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -68.1 mn
Regional: Net Long | EGP +4.3 mn
Domestic: Net Long | EGP +63.8 mn
Retail: 42.7% of total trades | 43.9% of buyers | 41.5% of sellers
Institutions: 57.3% of total trades | 56.1% of buyers | 58.5% of sellers
Foreign: 33.6% of total | 28.5% of buyers | 38.7% of sellers
Regional: 15.8% of total | 16.1% of buyers | 15.5% of sellers
Domestic: 50.6% of total | 55.4% of buyers | 45.8% of sellers
WTI: USD 65.87 (+0.09%)
Brent: USD 76.66 (-0.17%)
Natural Gas (Nymex, futures prices) USD 2.96 MMBtu, (-0.07%, July 2018 contract)
Gold: USD 1,297.10 / troy ounce (-0.17%)
TASI: 8,329.55 (+2.06%) (YTD: +15.27%)
ADX: 4,566.05 (-0.85%) (YTD: +3.81%)
DFM: 2,987.25 (+0.78%) (YTD: -11.36%)
KSE Premier Market: 4,710.03 (+0.42%)
QE: 8,930.98 (+0.57%) (YTD: +4.78%)
MSM: 4,602.08 (-0.10%) (YTD: -9.75%)
BB: 1,265.65 (-0.01%) (YTD: -4.96%)