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 17.78 | Sell 17.88
EGX30 (Tuesday): 16,068 (-0.9%)
Turnover: EGP 854 mn (20% BELOW the 90-day average)
EGX 30 year-to-date: +7.0%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.9%. CIB, the index heaviest constituent ended down 2.8%. EGX30’s top performing constituents were Qalaa Holdings up 5.8%, Pioneers Holding up 5.3% and Ezz Steel up 2.5%. Yesterday’s worst performing stocks were Arab Cotton Ginning down 9.1%, Telecom Egypt down 2.8%, and CIB down 2.8%. The market turnover was EGP 854 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +5.2 mn
Regional: Net Short | EGP -28.4 mn
Domestic: Net Short | EGP -23.1 mn
Retail: 61.2% of total trades | 63.2% of buyers | 59.1% of sellers
Institutions: 38.8% of total trades | 36.8% of buyers | 40.9% of sellers
Foreign: 24.8% of total | 25.1% of buyers | 24.5% of sellers
Regional: 10.1% of total | 8.4% of buyers | 11.8% of sellers
Domestic: 65.1% of total | 66.4% of buyers | 63.7% of sellers
WTI: USD 65.11 (+0.06%)
Brent: USD 75.08 (-0.36%)
Natural Gas (Nymex, futures prices) USD 2.92 MMBtu, (+0.55%, July 2018 contract)
Gold: USD 1,277.60 / troy ounce (-0.08%)
TASI: 8,270.46 (+0.32%) (YTD: +14.45%)
ADX: 4,561.64 (-0.58%) (YTD: +3.71%)
DFM: 2,939.33 (-1.45%) (YTD: -12.78%)
KSE Premier Market: 4,805.46 (-0.36%)
QE: 9,097.91 (+0.19%) (YTD: +6.74%)
MSM: 4,589.33 (-0.15%) (YTD: -10.00%)
BB: 1,307.33 (+0.89%) (YTD: -1.83%)