The Market Yesterday
EGP / USD CBE market average: Buy 17.82 | Sell 17.92
EGP / USD at CIB: Buy 17.83 | Sell 17.93
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Tuesday): 15,580 (+1.9%)
Turnover: EGP 815 mn (9% above the 90-day average)
EGX 30 year-to-date: +3.7%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.9%. CIB, the index heaviest constituent ended up 2.1%. EGX30’s top performing constituents were SODIC up 5.2%, TMG Holding up 5.1%, and Porto Group up 4.6%. Yesterday’s worst performing stocks were Kima down 2.1%, Eastern Co down 1.3%, and Abu Qir Fertilizers down 0.3%. The market turnover was EGP 815 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +45.2 mn
Regional: Net Long | EGP +9.9 mn
Domestic: Net Short | EGP -55.0 mn
Retail: 51.0% of total trades | 46.1% of buyers | 55.8% of sellers
Institutions: 49.0% of total trades | 53.9% of buyers | 44.2% of sellers
Foreign: 33.1% of total | 35.9% of buyers | 30.4% of sellers
Regional: 8.8% of total | 9.4% of buyers | 8.2% of sellers
Domestic: 58.1% of total | 54.7% of buyers | 61.4% of sellers
WTI: USD 68.41 (-0.51%)
Brent: USD 73.95 (-0.35%)
Natural Gas (Nymex, futures prices) USD 2.78 MMBtu, (-0.07%, September 2018 contract)
Gold: USD 1,232.40 / troy ounce (-0.10%)
TASI: 8,294.83 (-0.17%) (YTD: +14.79%)
ADX: 4,859.45 (+0.27%) (YTD: +10.48%)
DFM: 2,955.95 (-0.32%) (YTD: -12.29%)
KSE Premier Market: 5,296.99 (-1.25%)
QE: 9,825.11 (+1.80%) (YTD: +15.27%)
MSM: 4,336.55 (+0.37%) (YTD: -14.96%)
BB: 1,358.35 (-0.89%) (YTD: +2.00%)