The Market Yesterday
EGP / USD CBE market average: Buy 17.83 | Sell 17.93
EGP / USD at CIB: Buy 17.83 | Sell 17.93
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Monday): 15,522 (-1.4%)
Turnover: EGP 709 mn (19% below the 90-day average)
EGX 30 year-to-date: +3.3%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.4%. CIB, the index heaviest constituent ended flat. EGX30’s top performing constituents were QNB Alahli up 1.2%, Eastern Co. up 1.2%, and CIB flat. Yesterday’s worst performing stocks were SODIC down 6.9%, Madinet Nasr Housing down 5.7%, and TMG Holding down 5.1%. The market turnover was EGP 703 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -1.1 mn
Regional: Net Long | EGP +4.6 mn
Domestic: Net Short | EGP -3.5 mn
Retail: 65.0% of total trades | 66.3% of buyers | 63.7% of sellers
Institutions: 35.0% of total trades | 33.7% of buyers | 36.3% of sellers
Foreign: 15.8% of total | 15.7% of buyers | 15.9% of sellers
Regional: 6.4% of total | 6.7% of buyers | 6.1% of sellers
Domestic: 77.8% of total | 77.6% of buyers | 78.1% of sellers
WTI: USD 67.50 (+0.45%)
Brent: USD 72.89 (+0.39%)
Natural Gas (Nymex, futures prices) USD 2.93 MMBtu, (+0.03%, September 2018 contract)
Gold: USD 1,202.40 / troy ounce (+0.29%)
TASI: 7,872.79 (-2.38%) (YTD: +8.95%)
ADX: 4,800.90 (-0.90%) (YTD: +9.15%)
DFM: 2,847.14 (-1.46%) (YTD: -15.52%)
KSE Premier Market: 5,378.06 (-0.85%)
QE: 9,556.64 (-0.81%) (YTD: +12.12%)
MSM: 4,381.92 (-0.55%) (YTD: -14.07%)
BB: 1,346.09 (-0.17%) (YTD: +1.08%)