The Market Yesterday
EGP / USD CBE market average: Buy 17.85 | Sell 17.95
EGP / USD at CIB: Buy 17.85 | Sell 17.95
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Tuesday): 15,480 (+1.2%)
Turnover: EGP 760 mn (19% below the 90-day average)
EGX 30 year-to-date: +3.1%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.2%. CIB, the index heaviest constituent ended up 2.8%. EGX30’s top performing constituents were Porto Group up 4.2%, Heliopolis Housing up 4.1%, and Egyptian Iron & Steel up 3.7%. Yesterday’s worst performing stocks were Qalaa Holdings down 3.6%, Egyptian Resorts down 3.2%, and Juhayna down 2.7%. The market turnover was EGP 760 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +9.1 mn
Regional: Net Short | EGP -81.3 mn
Domestic: Net Long | EGP +72.2 mn
Retail: 65.2% of total trades | 69.7% of buyers | 60.8% of sellers
Institutions: 34.8% of total trades | 30.3% of buyers | 39.2% of sellers
Foreign: 16.6% of total | 17.2% of buyers | 16.0% of sellers
Regional: 12.0% of total | 6.7% of buyers | 17.4% of sellers
Domestic: 71.3% of total | 76.1% of buyers | 66.6% of sellers
WTI: USD 68.81 (+0.42%)
Brent: USD 73.98 (+0.74%)
Natural Gas (Nymex, futures prices) USD 2.74 MMBtu, (+0.22%, August 2018 contract)
Gold: USD 1,234.00 / troy ounce (-0.05%)
TASI: 8,405.82 (-0.50%) (YTD: +16.32%)
ADX: 4,776.89 (+0.33%) (YTD: +8.60%)
DFM: 2,925.74 (-0.21%) (YTD: -13.18%)
KSE Premier Market: 5,365.42 (+0.09%)
QE: 9,618.33 (+1.94%) (YTD: +12.85%)
MSM: 4,433.06 (-0.34%) (YTD: -13.06%)
BB: 1,367.62 (+0.77%) (YTD: +2.70%)