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 (Monday): 16,363 (+0.1%)
Turnover: EGP 746 mn (26% ABOVE the 90-day average)
EGX 30 year-to-date: +8.9%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.1%. CIB, the index heaviest constituent ended up 0.2%. EGX30’s top performing constituents were Amer Group up 3.2%, Egyptian Resorts up 2.6%, and Elsewedy Electric up 2.5%. Yesterday’s worst performing stocks were Eastern Co down 2.6%, Heliopolis Housing down 2.4%, and Egypt Aluminum down 1.7%. The market turnover was EGP 746 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -58.3 mn
Regional: Net Long | EGP +13.5 mn
Domestic: Net Long | EGP +44.8 mn
Retail: 60.4% of total trades | 62.0% of buyers | 58.9% of sellers
Institutions: 39.6% of total trades | 38.0% of buyers | 41.1% of sellers
Foreign: 26.4% of total | 22.5% of buyers | 30.3% of sellers
Regional: 3.5% of total | 4.4% of buyers | 2.6% of sellers
Domestic: 70.1% of total | 73.1% of buyers | 67.1% of sellers
WTI: USD 74.11 (+0.23%)
Brent: USD 77.60 (+0.39%)
Natural Gas (Nymex, futures prices) USD 2.86 MMBtu, (-0.03%, August 2018 contract)
Gold: USD 1,243.10 / troy ounce (+0.11%)
TASI: 8,274.98 (-0.78%) (YTD: +14.51%)
ADX: 4,577.04 (-0.95%) (YTD: +4.06%)
DFM: 2,829.16 (-1.23%) (YTD: -16.05%)
KSE Premier Market: 4,926.34 (+0.23%)
QE: 9,142.28 (+0.31%) (YTD: +7.26%)
MSM: 4,556.02 (+4.81%) (YTD: -10.65%)
BB: 1,309.56 (-0.31%) (YTD: -1.66%)