The Market Yesterday
EGP / USD CBE market average: Buy 17.80 | Sell 17.90
EGP / USD at CIB: Buy 17.78 | Sell 17.88
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Monday): 15,921 (-1.4%)
Turnover: EGP 1 bn (91% BELOW the 90-day average)
EGX 30 year-to-date: +6.0%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.4%. CIB, the index heaviest constituent ended down 1.7%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 1.7%, and Pioneers Holding up 1.6% and AMOC up 1.3%. Yesterday’s worst performing stocks were Egyptian Iron and Steel down 5.2%, Eastern Co down 4.3%, and Heliopolis Housing down 3.4%. The market turnover was EGP 1 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +63.3 mn
Regional: Net Short | EGP -10.4 mn
Domestic: Net Short | EGP -52.9 mn
Retail: 28.9% of total trades | 28.6% of buyers | 29.2% of sellers
Institutions: 71.1% of total trades | 71.4% of buyers | 70.8% of sellers
Foreign: 58.7% of total | 61.9% of buyers | 55.6% of sellers
Regional: 5.9% of total | 5.4% of buyers | 6.5% of sellers
Domestic: 35.3% of total | 32.7% of buyers | 38.0% of sellers
WTI: USD 66.12 (+0.03%)
Brent: USD 76.47 (+0.01%)
Natural Gas (Nymex, futures prices) USD 2.96 MMBtu, (+0.34%, July 2018 contract)
Gold: USD 1,302.20 / troy ounce (-0.07%)
TASI: 8,243.97 (-0.42%) (YTD: +14.08%)
ADX: 4,733.39 (+0.89%) (YTD: +7.62%)
DFM: 3,097.38 (+1.41%) (YTD: -8.09%)
KSE Premier Market: 4,754.33 (-0.62%)
QE: 9,203.32 (-0.23%) (YTD: +7.98%)
MSM: 4,602.78 (+0.03%) (YTD: -9.74%)
BB: 1,281.17 (+0.52%) (YTD: -3.80%)