The Market Yesterday
EGP / USD CBE market average: Buy 17.84 | Sell 17.94
EGP / USD at CIB: Buy 17.84 | Sell 17.94
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Wednesday): 15,357 (0.00%)
Turnover: EGP 629 mn (27% below the 90-day average)
EGX 30 year-to-date: +2.3%
THE MARKET ON WEDNESDAY: The EGX30 index ended Wednesday’s session flat. CIB, the index heaviest constituent ended up 0.2%. EGX30’s top performing constituents were Abu Qir Fertilizers up 3.5%, Heliopolis Housing up 2.1 and Ibnsina Pharma up 1.8%. Yesterday’s worst performing stocks were Pioneers Holding (down 4.6%), Arab Cotton Ginning (down 3.0%), and EFG Hermes (down 2.9%). Market turnover was EGP 629 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -66.2 mn
Regional: Net Long | EGP +0.1 mn
Domestic: Net Long | EGP +66.1 mn
Retail: 52.8% of total trades | 51.4% of buyers | 54.1% of sellers
Institutions: 47.2% of total trades | 48.6% of buyers | 45.9% of sellers
Foreign: 27.0% of total | 21.7% of buyers | 32.3% of sellers
Regional: 5.8% of total | 5.8% of buyers | 5.8% of sellers
Domestic: 67.2% of total | 72.4% of buyers | 61.9% of sellers
WTI: USD 64.91(-0.15%)
Brent: USD 70.76 (-2.35%)
Natural Gas (Nymex, futures prices) USD 2.94 MMBtu, (-0,10%, September 2018 contract)
Gold: USD 1,182.80/ troy ounce (-0.19%)
TASI: 7,865.68 (-0.35%) (YTD: +8.85%)
ADX: 4,886.14 (+1.16%) (YTD: +11.09%)
DFM: 2,817.98 (-0.81%) (YTD: -16.38%)
KSE Premier Market: 5,372.16 (-0.11%)
QE: 9,592.23 (-0.48%) (YTD: +12.54%)
MSM: 4,389.44 (+0.37%) (YTD: -13.92%)
BB: 1,343.30 (+0.16%) (YTD: +0.87%)