The Market Yesterday
EGP / USD CBE market average: Buy 17.81 | Sell 17.91
EGP / USD at CIB: Buy 17.78 | Sell 17.88
EGP / USD at NBE: Buy 17.79 | Sell 17.89
EGX30 (Sunday): 16,143 (+1.4%)
Turnover: EGP 467 mn (58% BELOW the 90-day average)
EGX 30 year-to-date: +7.5%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.4%. CIB, the index heaviest constituent ended down 0.1%. EGX30’s top performing constituents were TMG Holding up 5.1%, and Egyptian Resorts up 4.9% and Emaar Misr up 4.0%. Yesterday’s worst performing stocks were Arab Cotton Ginning down 2.5%, CIB down 0.1%, and Eastern Co down 0.1%. The market turnover was EGP 467 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +34.6 mn
Regional: Net Short | EGP -19.5 mn
Domestic: Net Short | EGP -15.0 mn
Retail: 60.2% of total trades | 53.2% of buyers | 67.2% of sellers
Institutions: 39.8% of total trades | 46.8% of buyers | 32.8% of sellers
Foreign: 18.8% of total | 22.5% of buyers | 15.1% of sellers
Regional: 13.3% of total | 11.2% of buyers | 15.4% of sellers
Domestic: 67.8% of total | 66.2% of buyers | 69.4% of sellers
WTI: USD 65.59 (-0.23%)
Brent: USD 76.50 (+0.05%)
Natural Gas (Nymex, futures prices) USD 2.93 MMBtu, (+1.38%, July 2018 contract)
Gold: USD 1,303.30 / troy ounce (+0.05%)
TASI: 8,278.51 (-0.79%) (YTD: +14.56%)
ADX: 4,691.68 (+0.62%) (YTD: +6.67%)
DFM: 3,054.45 (+0.42%) (YTD: -9.37%)
KSE Premier Market: 4,783.99 (-0.07%)
QE: 9,224.74 (-0.19%) (YTD: +8.23%)
MSM: 4,601.59 (+0.11%) (YTD: -9.76%)
BB: 1,274.48 (+0.85%) (YTD: -4.30%)