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 (Monday): 15,645 (-0.6%)
Turnover: EGP 530 mn (40% below the 90-day average)
EGX 30 year-to-date: +4.2%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.6%. CIB, the index heaviest constituent ended down 0.5%. EGX30’s top performing constituents were Egyptian Iron & Steel up 2.9%, Juhayna up 2.0%, and Global Telecom up 1.5%. Yesterday’s worst performing stocks were Egyptian Resorts down 3.0%, SODIC down 2.9%, and Ibnsina Pharma down 2.5%. The market turnover was EGP 530 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +30.0 mn
Regional: Net Short | EGP -17.6 mn
Domestic: Net Short | EGP -12.4 mn
Retail: 62.7% of total trades | 60.1% of buyers | 65.3% of sellers
Institutions: 37.3% of total trades | 39.9% of buyers | 34.7% of sellers
Foreign: 20.5% of total | 23.3% of buyers | 17.7% of sellers
Regional: 7.6% of total | 5.9% of buyers | 9.3% of sellers
Domestic: 71.9% of total | 70.7% of buyers | 73.0% of sellers
WTI: USD 69.02 (+0.01%)
Brent: USD 73.92 (+0.23%)
Natural Gas (Nymex, futures prices) USD 2.87 MMBtu, (+0.24%, September 2018 contract)
Gold: USD 1,217.00 / troy ounce (-0.06%)
TASI: 8,230.13 (-0.15%) (YTD: +13.89%)
ADX: 4,883.54 (+1.61%) (YTD: +11.03%)
DFM: 2,977.78 (0.00%) (YTD: -11.64%)
KSE Premier Market: 5,437.56 (+0.51%)
QE: 9,933.22 (+0.37%) (YTD: +16.54%)
MSM: 4,420.34 (+1.14%) (YTD: -13.31%)
BB: 1,352.39 (-0.10%) (YTD: +1.55%)