The Market Yesterday
EGP / USD CBE market average: Buy 17.84 | Sell 17.94
EGP / USD at CIB: Buy 17.83 | Sell 17.93
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Tuesday): 15,357 (-1.1%)
Turnover: EGP 717 mn (17% below the 90-day average)
EGX 30 year-to-date: +2.2%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.1%. CIB, the index heaviest constituent ended down 0.4%. EGX30’s top performing constituents were Telecom Egypt up 2.4%, EFG Hermes up 1.2%, and Egypt Kuwait Holding up 0.9%. Yesterday’s worst performing stocks were Elsewedy Electric down 4.6%, Porto Group down 4.6%, and TMG Holding down 3.4%. The market turnover was EGP 717 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -130.7 mn
Regional: Net Short | EGP -2.1 mn
Domestic: Net Long | EGP +132.7 mn
Retail: 43.3% of total trades | 40.1% of buyers | 46.4% of sellers
Institutions: 56.7% of total trades | 59.9% of buyers | 53.6% of sellers
Foreign: 29.2% of total | 20.1% of buyers | 38.3% of sellers
Regional: 5.4% of total | 5.2% of buyers | 5.5% of sellers
Domestic: 65.4% of total | 74.7% of buyers | 56.2% of sellers
WTI: USD 66.81 (-0.34%)
Brent: USD 72.31 (-0.21%)
Natural Gas (Nymex, futures prices) USD 2.95 MMBtu, (-0.27%, September 2018 contract)
Gold: USD 1,197.70 / troy ounce (-0.25%)
TASI: 7,893.18 (+0.26%) (YTD: +9.23%)
ADX: 4,830.22 (+0.61%) (YTD: +9.82%)
DFM: 2,840.89 (-0.22%) (YTD: -15.70%)
KSE Premier Market: 5,378.13 (0.00%)
QE: 9,638.60 (+0.86%) (YTD: +13.80%)
MSM: 4,373.08 (-0.20%) (YTD: -14.24%)
BB: 1,341.13 (-0.37%) (YTD: +0.71%)