The Market Yesterday
EGP / USD CBE market average: Buy 17.84 | Sell 17.94
EGP / USD at CIB: Buy 17.85 | Sell 17.95
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Tuesday): 15,443 (-1.5%)
Turnover: EGP 792 mn (17% below the 90-day average)
EGX 30 year-to-date: +2.7%
THE MARKET ON TUESDAY: The EGX30 Tuesday’s session down 1.5%. CIB, the index heaviest constituent ended down 3.1%. EGX30’s top performing constituents were Heliopolis Housing up 2.9%, Emaar Misr up 2.7%, and Telecom Egypt up 1.9%. Yesterday’s worst performing stocks were Porto Group down 4.0%, Abu Dhabi Islamic Bank down 3.3%, and CIB down 3.1%. The market turnover was EGP 792 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -44.8 mn
Regional: Net Short | EGP -13.1 mn
Domestic: Net Long | EGP +58.0 mn
Retail: 48.0% of total trades | 50.0% of buyers | 46.0% of sellers
Institutions: 52.0% of total trades | 50.0% of buyers | 54.0% of sellers
Foreign: 30.5% of total | 27.6% of buyers | 33.3% of sellers
Regional: 5.0% of total | 4.2% of buyers | 5.8% of sellers
Domestic: 64.5% of total | 68.2% of buyers | 60.9% of sellers
WTI: USD 67.80 (-0.41%)
Brent: USD 71.89 (-0.37%)
Natural Gas (Nymex, futures prices) USD 2.74 MMBtu, (+0.15%, August 2018 contract)
Gold: USD 1,228.10 / troy ounce (+0.07%)
TASI: 8,462.59 (-0.33%) (YTD: +17.11%)
ADX: 4,783.59 (-0.18%) (YTD: +7.73%)
DFM: 2,913.14 (-0.22%) (YTD: -13.56%)
KSE Premier Market: 5,346.08 (-0.8%)
QE: 9,449.64 (+0.10%) (YTD: +10.87%)
MSM: 4,442.49 (-0.14%) (YTD: -12.88%)
BB: 1,358.13 (+0.46%) (YTD: +1.98%)