The Market Yesterday
EGP / USD CBE market average: Buy 17.83 | Sell 17.93
EGP / USD at CIB: Buy 17.82 | Sell 17.92
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Monday): 16,458 (+0.4%)
Turnover: EGP 1 bn (90% below the 90-day average)
EGX 30 year-to-date: +9.6%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.4%. CIB, the index heaviest constituent ended up 0.5%. EGX30’s top performing constituents were Eastern Co up 5.8%, Abu Qir Fertilizers up 3.9% and AMOC up 3.7%. Yesterday’s worst performing stocks were Porto Group down 3.7%, Arab Cotton Ginning down 3.3%, and Qalaa Holding down 2.9%. The market turnover was EGP 1 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +47.9 mn
Regional: Net Long | EGP +30.6 mn
Domestic: Net Short | EGP -78.4 mn
Retail: 60.6% of total trades | 60.2% of buyers | 61.0% of sellers
Institutions: 39.4% of total trades | 39.8% of buyers | 39.0% of sellers
Foreign: 20.2% of total | 22.5% of buyers | 17.8% of sellers
Regional: 9.9% of total | 11.4% of buyers | 8.4% of sellers
Domestic: 69.9% of total | 66.1% of buyers | 73.7% of sellers
WTI: USD 68.15 (+0.10%)
Brent: USD 75.00 (+0.36%)
Natural Gas (Nymex, futures prices) USD 2.93 MMBtu, (+0.21%, July 2018 contract)
Gold: USD 1,267.90 / troy ounce (-0.08%)
TASI: 8,342.35 (-0.10%) (YTD: +15.44%)
ADX: 4,537.30 (-0.29%) (YTD: +3.16%)
DFM: 2,867.85 (-2.09%) (YTD: -14.90%)
KSE Premier Market: 4,866.21 (+1.11%)
QE: 8,936.78 (-0.76%) (YTD: +4.85%)
MSM: 4,583.27 (-0.22%) (YTD: -10.12%)
BB: 1,301.57 (-0.40%) (YTD: -2.26%)