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): 15,836 (+1.5%)
Turnover: EGP 907 mn (7% above the 90-day average)
EGX 30 year-to-date: +5.4%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 1.5%. CIB, the index heaviest constituent ended up 1.4%. EGX30’s top performing constituents were Abu Qir Fertilizers up 7.5% Sidi Kerir Petrochemicals up 5.5%, and SODIC up 3.9%. Yesterday’s worst performing stocks were QNB Alahli down 1.7%, Qalaa Holdings down 1.4%, and Egyptian Iron & Steel down 1.4% The market turnover was EGP 907 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +0.5 mn
Regional: Net Long | EGP +4.2 mn
Domestic: Net Short | EGP -4.8mn
Retail: 63.5% of total trades | 60.1% of buyers | 66.9% of sellers
Institutions: 36.5% of total trades | 39.9% of buyers | 33.1% of sellers
Foreign: 18.6% of total | 18.6% of buyers | 18.6% of sellers
Regional: 8.2% of total | 8.5% of buyers | 8.0% of sellers
Domestic: 73.2% of total | 72.9% of buyers | 73.5% of sellers
WTI: USD 69.64 (+0.19%)
Brent: USD 77.20 (+0.08%)
Natural Gas (Nymex, futures prices) USD 2.90 MMBtu, (+1.51%, October 2018 contract)
Gold: USD 1,211.80/ troy ounce (+0.02%)
TASI: 8,018.54 (-0.22%) (YTD: +10.96%)
ADX: 4,963.25 (+0.13%) (YTD: +12.84%)
DFM: 2,832.05 (+0.49%) (YTD: -15.96%)
KSE Premier Market: 5,256.17 (+0.06%)
QE: 9,835.55 (-0.23%) (YTD: +15.39%)
MSM: 4,431.24 (+0.48%) (YTD: -13.14%)
BB: 1,341.57 (-0.39%) (YTD: +1.14%)