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Monday, 2 July 2018

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

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 (Thursday): 16,349 (+1.1%)
Turnover: EGP 1.6 bn (56% ABOVE the 90-day average)
EGX 30 year-to-date: +8.9%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1.1%. CIB, the index heaviest constituent ended down 0.3%. EGX30’s top performing constituents were Global Telecom up 4.7%, Elsewedy Electric up 3.6%, and Emaar Misr up 3.3%. Thursday’s worst performing stocks were Egyptian Resorts down 1.0%, Kima down 1.0%, and Ezz Steel down 0.4%. The market turnover was EGP 1.6 bn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -33.2 mn
Regional: Net Short | EGP -61.2 mn
Domestic: Net Long | EGP +94.4 mn

Retail: 68.6% of total trades | 67.1% of buyers | 70.0% of sellers
Institutions: 31.4% of total trades | 32.9% of buyers | 30.0% of sellers

Foreign: 16.5% of total | 15.4% of buyers | 17.5% of sellers
Regional: 5.1% of total | 3.3% of buyers | 7.0% of sellers
Domestic: 78.4% of total | 81.3% of buyers | 75.5% of sellers

WTI: USD 73.56 (-0.80%)
Brent: USD 78.57 (-0.83%)

Natural Gas (Nymex, futures prices) USD 2.91 MMBtu, (-0.58%, August 2018 contract)
Gold: USD 1,253.10 / troy ounce (-0.11%)

TASI: 8,339.86 (+0.31%) (YTD: +15.41%)
ADX: 4,621.15 (+1.34%) (YTD: +5.06%)
DFM: 2,864.42 (+1.54%) (YTD: -15.00%)
KSE Premier Market: 4,915.26 (+0.21%)
QE: 9,114.23 (+1.00%) (YTD: +6.93%)
MSM: 4,347.05 (-4.91%) (YTD: -14.75%)
BB: 1,313.57 (+0.20%) (YTD: -1.36%)

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