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 (Monday): 16,404 (-1.6%)
Turnover: EGP 924 mn (18% BELOW the 90-day average)
EGX 30 year-to-date: +9.2%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.6%. CIB, the index heaviest constituent ended down 0.7%. EGX30’s top performing constituents were Abu Qir Fertilizers up 3.5%, Abu Dhabi Islamic Bank up 0.9% and GB Auto up 0.4%. Yesterday’s worst performing stocks were TMG Holding down 7.1%, Emaar Misr down 3.8%, and Heliopolis Housing down 3.7%. The market turnover was EGP 924 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -92.5 mn
Regional: Net Long | EGP +18.3 mn
Domestic: Net Long | EGP +74.1 mn
Retail: 35.2% of total trades | 35.7% of buyers | 34.7% of sellers
Institutions: 64.8% of total trades | 64.3% of buyers | 65.3% of sellers
Foreign: 29.3% of total | 25.5% of buyers | 33.1% of sellers
Regional: 8.4% of total | 9.1% of buyers | 7.6% of sellers
Domestic: 62.3% of total | 65.3% of buyers | 59.3% of sellers
WTI: USD 65.09 (+0.53%)
Brent: USD 75.52 (+0.31%)
Natural Gas (Nymex, futures prices) USD 2.92 MMBtu, (-0.31%, July 2018 contract)
Gold: USD 1,296.20 / troy ounce (-0.08%)
TASI: 8,335.39 (+0.07%) (YTD: +15.35%)
ADX: 4,577.15 (+0.24%) (YTD: +4.06%)
DFM: 3,034.64 (+1.59%) (YTD: -9.95%)
KSE Premier Market: 4,720.34 (+0.22%)
QE: 9,117.39 (+2.09%) (YTD: +6.97%)
MSM: 4,584.95 (-0.37%) (YTD: -10.09%)
BB: 1,265.32 (-0.03%) (YTD: -4.99%)