The Market Yesterday
EGP / USD CBE market average: Buy 17.84 | Sell 17.94
EGP / USD at CIB: Buy 17.84 | Sell 17.94
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Thursday): 15,880 (-0.5%)
Turnover: EGP 589 mn (40% below the 90-day average)
EGX 30 year-to-date: +5.7%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.5%. CIB, the index heaviest constituent ended down 1.3%. EGX30’s top performing constituents were GB Auto up 5.2%, Pioneers Holding up 2.9%, and Egyptian Iron & Steel up 1.4%. Thursday’s worst performing stocks were TMG Holding down 1.8%, Telecom Egypt down 1.3%, and CIB down 1.3%. The market turnover was EGP 589 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +17.7 mn
Regional: Net Short | EGP -2.3 mn
Domestic: Net Short | EGP -15.5 mn
Retail: 75.0% of total trades | 73.5% of buyers | 76.6% of sellers
Institutions: 25.0% of total trades | 26.5% of buyers | 23.4% of sellers
Foreign: 13.4% of total | 14.9% of buyers | 11.9% of sellers
Regional: 8.4% of total | 8.2% of buyers | 8.6% of sellers
Domestic: 78.2% of total | 76.9% of buyers | 79.5% of sellers
WTI: USD 71.01 (+0.97%)
Brent: USD 75.33 (+1.18%)
Natural Gas (Nymex, futures prices) USD 2.75 MMBtu, (-1.61%, August 2018 contract)
Gold: USD 1,241.20 / troy ounce (-0.43%)
TASI: 8,362.41 (-0.31%) (YTD: +15.72%)
ADX: 4,687.01 (-0.10%) (YTD: +6.56%)
DFM: 2,884.22 (-0.28%) (YTD: -14.42%)
KSE Premier Market: 5,344.48 (-0.61%)
QE: 9,318.53 (-0.39%) (YTD: +9.33%)
MSM: 4,440.80 (-0.33%) (YTD: -12.91%)
BB: 1,342.51 (-0.18%) (YTD: +0.81%)