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 (Sunday): 15,737 (-0.4%)
Turnover: EGP 466.8 mn (48% below the 90-day average)
EGX 30 year-to-date: +4.8%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.4%. CIB, the index heaviest constituent ended down 1.1%. EGX30’s top performing constituents were Qalaa Holdings up 4.2%, Egyptian Iron & Steel up 1.0%, and Egyptian Kuwait Holding up 0.9%. Yesterday’s worst performing stocks were Pioneers Holding down 5.4%, Porto Group down 4.4%, and Egypt Aluminum down 4.2%. The market turnover was EGP 466.8 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +8.1 mn
Regional: Net Short | EGP -10.5 mn
Domestic: Net Long | EGP +2.4 mn
Retail: 72.0% of total trades | 69.9% of buyers | 74.0% of sellers
Institutions: 28.0% of total trades | 30.1% of buyers | 26.0% of sellers
Foreign: 9.4% of total | 10.3% of buyers | 8.5% of sellers
Regional: 5.7% of total | 4.6% of buyers | 6.8% of sellers
Domestic: 84.9% of total | 85.1% of buyers | 84.6% of sellers
WTI: USD 68.83 (+0.50%)
Brent: USD 73.67 (+0.63%)
Natural Gas (Nymex, futures prices) USD 2.85 MMBtu, (-0.04%, September 2018 contract)
Gold: USD 1,225.50 / troy ounce (+0.19%)
TASI: 8,242.71 (-0.13%) (YTD: +14.07%)
ADX: 4,806.30 (-0.11%) (YTD: +9.27%)
DFM: 2,977.89 (+0.13%) (YTD: -11.64%)
KSE Premier Market: 5,410.05 (+1.14%)
QE: 9,896.74 (-0.85%) (YTD: +16.11%)
MSM: 4,370.44 (+1.01%) (YTD: -14.29%)
BB: 1,353.74 (+0.34%) (YTD: +1.65%)
