The Market Yesterday
EGP / USD CBE market average: Buy 17.83 | Sell 17.93
EGP / USD at CIB: Buy 17.84 | Sell 17.94
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Tuesday): 16,197 (-1.6%)
Turnover: EGP 781 mn (25% below the 90-day average)
EGX 30 year-to-date: +7.8%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.6%. CIB, the index heaviest constituent ended down 0.8%. EGX30’s top performing constituents were Eastern Co up 0.2%, and Porto Group ended flat. Yesterday’s worst performing stocks were Arab Cotton Ginning down 4.5%, Egyptian Resorts down 4.4%, and Emaar Misr down 4.1%. The market turnover was EGP 781 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -17.5 mn
Regional: Net Short | EGP -14.9 mn
Domestic: Net Long | EGP +32.5 mn
Retail: 54.7% of total trades | 56.2% of buyers | 53.2% of sellers
Institutions: 45.3% of total trades | 43.8% of buyers | 46.8% of sellers
Foreign: 21.7% of total | 20.6% of buyers | 22.8% of sellers
Regional: 7.3% of total | 6.3% of buyers | 8.3% of sellers
Domestic: 71.0% of total | 73.1% of buyers | 68.9% of sellers
WTI: USD 70.72 (+0.27%)
Brent: USD 76.59 (+0.37%)
Natural Gas (Nymex, futures prices) USD 2.95 MMBtu, (+0.51%, July 2018 contract)
Gold: USD 1,260.10 / troy ounce (+0.02%)
TASI: 8,298.89 (-0.52%) (YTD: +14.84%)
ADX: 4,565.78 (+0.63%) (YTD: +3.80%)
DFM: 2,836.01 (-1.11%) (YTD: -15.85%)
KSE Premier Market: 4,921.54 (+1.14%)
QE: 8,895.21 (-0.47%) (YTD: +4.36%)
MSM: 4,570.18 (-0.29%) (YTD: -10.38%)
BB: 1,302.03 (+0.04%) (YTD: -2.23%)