The Market Yesterday
EGP / USD CBE market average: Buy 17.84 | Sell 17.93
EGP / USD at CIB: Buy 17.84 | Sell 17.94
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Sunday): 15,842 (-0.2%)
Turnover: EGP 446 mn (54% below the 90-day average)
EGX 30 year-to-date: +5.5%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.2%. CIB, the index heaviest constituent ended up 0.4%. EGX30’s top performing constituents were Egyptian Iron & Steel up 2.2%, Abu Dhabi Islamic Bank up 1.3%, and Pioneers Holding up 1.2%. Yesterday’s worst performing stocks were Amer Group down 3.3%, Arab Cotton Ginning down 2.8%, and Global Telecom down 2.6%. The market turnover was EGP 446 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +2.9 mn
Regional: Net Short | EGP -16.5 mn
Domestic: Net Long | EGP +13.5 mn
Retail: 79.3% of total trades | 79.5% of buyers | 79.1% of sellers
Institutions: 20.7% of total trades | 20.5% of buyers | 20.9% of sellers
Foreign: 8.2% of total | 8.5% of buyers | 7.9% of sellers
Regional: 8.4% of total | 6.6% of buyers | 10.2% of sellers
Domestic: 83.4% of total | 84.9% of buyers | 81.9% of sellers
WTI: USD 70.72 (-0.41%)
Brent: USD 75.03 (-0.40%)
Natural Gas (Nymex, futures prices) USD 2.77 MMBtu, (+0.55%, August 2018 contract)
Gold: USD 1,242.00 / troy ounce (+0.06%)
TASI: 8,405.09 (+0.51%) (YTD: +16.31%)
ADX: 4,696.20 (+0.20%) (YTD: +6.77%)
DFM: 2,900.16 (+0.55%) (YTD: -13.94%)
KSE Premier Market: 5,336.40 (-0.15%)
QE: 9,340.69 (+0.24%) (YTD: +9.59%)
MSM: 4,456.76 (+0.36%) (YTD: -12.60%)
BB: 1,343.84 (+0.10%) (YTD: +0.91%)