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 (Thursday): 15,806 (+0.9%)
Turnover: EGP 1.5 bn (66% above the 90-day average)
EGX 30 year-to-date: +5.2%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.9%. CIB, the index heaviest constituent ended up 2.2%. EGX30’s top performing constituents were Qalaa Holdings up 2.8%, Elsewedy Electric up 2.4%, and CIB up 2.2%. Thursday’s worst performing stocks were Palm Hills down 6.8%, Egyptian Iron & Steel down 2.1%, and Orascom Telecom Media & Technology down 1.5%. The market turnover was EGP 1.5 bn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +230.0 mn
Regional: Net Short | EGP -17.4 mn
Domestic: Net Short | EGP -212.6 mn
Retail: 47.7% of total trades | 46.0% of buyers | 49.4% of sellers
Institutions: 52.3% of total trades | 54.0% of buyers | 50.6% of sellers
Foreign: 23.0% of total | 35.6% of buyers | 10.4% of sellers
Regional: 7.2% of total | 6.3% of buyers | 8.2% of sellers
Domestic: 69.8% of total | 58.1% of buyers | 81.4% of sellers
WTI: USD 68.49 (-0.68%)
Brent: USD 73.21 (-0.33%)
Natural Gas (Nymex, futures prices) USD 2.85 MMBtu, (+1.31%, September 2018 contract)
Gold: USD 1,223.20 / troy ounce (+0.25%)
TASI: 8,253.54 (-0.43%) (YTD: +14.21%)
ADX: 4,811.42 (-0.70%) (YTD: +9.39%)
DFM: 2,973.94 (-0.15%) (YTD: -11.75%)
KSE Premier Market: 5,349.33 (+0.73%)
QE: 9,981.22 (+0.05%) (YTD: +17.10%)
MSM: 4,326.67 (-0.32%) (YTD: -15.15%)
BB: 1,349.17 (-0.32%) (YTD: +1.31%)