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 (TUESDAY): 15,606 (+2.4%)
Turnover: EGP 906 mn (6% above the 90-day average)
EGX 30 year-to-date: +3.9%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 2.4%. CIB, the index heaviest constituent ended up 3.9%. EGX30’s top performing constituents were Egyptian Resorts up 6.2%, SODIC up 4.7%, and Egyptian Aluminum up 4.0%. Yesterday’s worst performing stocks were Juhayna down 2.2%, Ibnsina Pharma down 1.5% and Qalaa Holdings down 0.8%. The market turnover was EGP 906 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +18.9 mn
Regional: Net Short | EGP -16.1 mn
Domestic: Net Short | EGP -2.8mn
Retail: 62.6% of total trades | 62.8% of buyers | 62.5% of sellers
Institutions: 37.4% of total trades | 37.2% of buyers | 37.5% of sellers
Foreign: 19.1% of total | 20.2% of buyers | 18.1% of sellers
Regional: 7.9% of total | 7.0% of buyers | 8.8% of sellers
Domestic: 72.9% of total | 72.8% of buyers | 73.1% of sellers
WTI: USD 68.55 (+0.03%)
Brent: USD 75.95 (-0.34%)
Natural Gas (Nymex, futures prices) USD 2.86 MMBtu, (+0.25%, September 2018 contract)
Gold: USD 1,208.30/ troy ounce (-0.50%)
TASI: 8,036.56 (+0.46%) (YTD: +11.21%)
ADX: 4,956.76 (+0.36%) (YTD: +12.69%)
DFM: 2,818.19 (-0.41%) (YTD: -16.38%)
KSE Premier Market: 5,252.86 (-0.95%)
QE: 9,858.34 (+0.57%) (YTD: +15.66%)
MSM: 4,410.25 (+0.65%) (YTD: -13.76%)
BB: 1,346.86 (-0.08%) (YTD: +1.13%)