The Market Yesterday
EGP / USD CBE market average: Buy 17.82 | Sell 17.92
EGP / USD at CIB: Buy 17.79 | Sell 17.89
EGP / USD at NBE: Buy 17.79 | Sell 17.89
EGX30 (Thursday): 15,924 (+0.1%)
Turnover: EGP 928 mn (17% BELOW the 90-day average)
EGX 30 year-to-date: +5.9%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.1%. CIB, the index heaviest constituent ended up 1.2%. EGX30’s top performing constituents were GB Auto up 2.2%, and Egyptian Resorts up 1.7% and TMG Holding up 1.5%. Thursday’s worst performing stocks were Egyptian Iron & Steel down 4.6%, Kima down 3.7%, and ACC down 3.2%. The market turnover was EGP 928 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -20.9 mn
Regional: Net Short | EGP -73.2 mn
Domestic: Net Long | EGP +94.1 mn
Retail: 42.5% of total trades | 44.1% of buyers | 40.9% of sellers
Institutions: 57.5% of total trades | 55.9% of buyers | 59.1% of sellers
Foreign: 27.8% of total | 26.8% of buyers | 28.7% of sellers
Regional: 23.8% of total | 20.5% of buyers | 27.2% of sellers
Domestic: 48.4% of total | 52.7% of buyers | 44.1% of sellers
WTI: USD 65.74 (-0.32%)
Brent: USD 76.46 (-1.11%)
Natural Gas (Nymex, futures prices) USD 2.89 MMBtu, (-1.37%, July 2018 contract)
Gold: USD 1,302.70 / troy ounce (-0.02%)
TASI: 8,344.39 (-0.46%) (YTD: +15.47%)
ADX: 4,662.58 (+0.22%) (YTD: +6.01%)
DFM: 3,041.72 (-0.46%) (YTD: -9.74%)
KSE Premier Market: 4,787.32 (+0.61%)
QE: 9,242.30 (-0.92%) (YTD: +8.43%)
MSM: 4,596.51 (+0.35%) (YTD: -9.86%)
BB: 1,263.79 (-0.25%) (YTD: -5.10%)