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 (Thursday): 15,199 (+0.1%)
Turnover: EGP 986 mn (6% above the 90-day average)
EGX 30 year-to-date: +1.2%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.1%. CIB, the index heaviest constituent ended down 0.5%. EGX30’s top performing constituents were Juhayna up 3.1%, SODIC up 2.5%, and Heliopolis Housing up 1.9%. Thursday’s worst performing stocks were Qalaa Holdings down 4.0%, Abu Dhabi Islamic Bank down 3.5%, and Kima down 2.2%. The market turnover was EGP 986 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -72.0 mn
Regional: Net Long | EGP +13.2 mn
Domestic: Net Long | EGP +58.8 mn
Retail: 44.9% of total trades | 41.7% of buyers | 48.1% of sellers
Institutions: 55.1% of total trades | 58.3% of buyers | 51.9% of sellers
Foreign: 34.1% of total | 30.7% of buyers | 37.5% of sellers
Regional: 7.8% of total | 8.5% of buyers | 7.2% of sellers
Domestic: 58.1% of total | 60.8% of buyers | 55.3% of sellers
WTI: USD 68.69 (-1.32%)
Brent: USD 74.29 (-0.34%)
Natural Gas (Nymex, futures prices) USD 2.78 MMBtu, (+0.72%, September 2018 contract)
Gold: USD 1,232.70 / troy ounce (-0.21%)
TASI: 8,367.70 (-0.38%) (YTD: +15.79%)
ADX: 4,844.19 (+0.29%) (YTD: +10.13%)
DFM: 2,948.80 (+0.14%) (YTD: -12.50%)
KSE Premier Market: 5,378.62 (+0.44%)
QE: 9,607.89 (-0.06%) (YTD: +12.72%)
MSM: 4,335.91 (-0.89%) (YTD: -14.97%)
BB: 1,367.90 (+0.37%) (YTD: +2.72%)