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): 15,762 (+0.7%)
Turnover: EGP 632 mn (28% below the 90-day average)
EGX 30 year-to-date: +4.9%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.7%. CIB, the index heaviest constituent ended up 0.1%. EGX30’s top performing constituents were Abu Qir Fertilizers up 4.9%, Egyptian Aluminum up 2.5%, and Pioneers Holding up 2.4%. Yesterday’s worst performing stocks were Eastern Co. down 0.9%, QNB Alahli, and Porto Group ended flat. The market turnover was EGP 632 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +17.8 mn
Regional: Net Short | EGP -45.7 mn
Domestic: Net Long | EGP +27.9 mn
Retail: 68.5% of total trades | 65.4% of buyers | 71.7% of sellers
Institutions: xx% of total trades | xx% of buyers | xx% of sellers
Foreign: 31.5% of total | 34.6% of buyers | 28.3% of sellers
Regional: 11.5% of total | 12.9% of buyers | 10.1% of sellers
Domestic: 78.3% of total | 80.5% of buyers | 76.1% of sellers
WTI: USD 69.24 (+0.10%)
Brent: USD 74.58 (-0.09%)
Natural Gas (Nymex, futures prices) USD 2.89 MMBtu, (-0.21%, September 2018 contract)
Gold: USD 1,221.30 / troy ounce (+0.25%)
TASI: 8,242.82 (+0.15%) (YTD: +14.07%)
ADX: 4,911.19 (+0.57%) (YTD: +11.66%)
DFM: 2,951.07 (-0.90%) (YTD: -12.43%)
KSE Premier Market: 5,457.11 (+0.36%)
QE: 9,973.97 (+0.41%) (YTD: +17.02%)
MSM: 4,447.71 (+0.62%) (YTD: -12.78%)
BB: 1,348.19 (-0.31%) (YTD: +1.24%)