The Market Yesterday
EGP / USD CBE market average: Buy 17.84 | Sell 17.94
EGP / USD at CIB: Buy 17.82 | Sell 17.92
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Sunday): 15,239 (-0.2%)
Turnover: EGP 450 mn (47% BELOW the 90-day average)
EGX 30 year-to-date: +1.5%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.2%. CIB, the index heaviest constituent ended down 1.6%. EGX30’s top performing constituents were Egyptian Resorts up 5.6%, Qalaa Holdings up 2.6%, and Pioneers Holding up 2.2%. Yesterday’s worst performing stocks were Egyptian Iron & Steel down 2.4%, CIB down 1.6% and Ezz Steel down 1.0% The market turnover was EGP 450 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +7.4 mn
Regional: Net Short | EGP -5.0 mn
Domestic: Net Short | EGP -2.4mn
Retail: 73.3% of total trades | 74.7% of buyers | 72.0% of sellers
Institutions: 26.7% of total trades | 25.3% of buyers | 28.0% of sellers
Foreign: 12.7% of total | 13.5% of buyers | 11.8% of sellers
Regional: 6.0% of total | 5.4% of buyers | 6.5% of sellers
Domestic: 81.4% of total | 81.1% of buyers | 81.6% of sellers
WTI: USD 68.63 (-0.13%)
Brent: USD 75.66 (-0.21%)
Natural Gas (Nymex, futures prices) USD 2.91 MMBtu, (-0.41%, September 2018 contract)
Gold: USD 1,213.80 / troy ounce (+0.04%)
TASI: 7,978.83 (+1.42%) (YTD: +10.41%)
ADX: 4,909.50 (+0.50%) (YTD: +11.62%)
DFM: 2,825.83 (+0.36%) (YTD: -16.15%)
KSE Premier Market: 5,347.10 (-0.64%)
QE: 9,445.35 (-0.03%) (YTD: 10.82%)
MSM: 4,366.89 (-0.54%) (YTD: -13.94%)
BB: 1,351.64 (+0.27%) (YTD: +1.12%)