The Market Yesterday
EGP / USD CBE market average: Buy 17.85 | Sell 17.94
EGP / USD at CIB: Buy 17.86 | Sell 17.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Monday): 15,822 (-0.2%)
Turnover: EGP 781 mn (6% below the 90-day average)
EGX 30 year-to-date: +5.3%
THE MARKET ON MONDAY: The Egyptian benchmark index ended Monday’s session down 0.2%. CIB, the index heaviest constituent ended down 0.4%. EGX30’s top performing constituents were Pioneers Holding up 6.3%, Elsewedy Electric up 2.6% and Heliopolis Housing up 1.2%. Yesterday’s worst performing stocks were Egypt Aluminum down 2.9%, Palm Hills down 2.9%, and Qalaa Holdings down 2.6%. The market turnover was EGP 781 mn, and regional investors were the sole net sellers.
Foreigners: Net Long| EGP +6.9 mn
Regional: Net Short | EGP -18.1 mn
Domestic: Net Long | EGP +11.2 mn
Retail: 60.7% of total trades | 58.0% of buyers | 63.3% of sellers
Institutions: 39.3% of total trades | 42.0% of buyers | 36.7% of sellers
Foreign: 17.4% of total | 17.8% of buyers | 16.9% of sellers
Regional: 8.5% of total | 7.4% of buyers | 9.7% of sellers
Domestic: 74.1% of total | 74.8% of buyers | 73.4% of sellers
WTI: USD 70.07 (+0.39%)
Brent: USD 78.15 (+0.66%)
Natural Gas (Nymex, futures prices) USD 2.87 MMBtu, (-1.71%, October 2018 contract)
Gold: USD 1,206.60/ troy ounce (-0.01%)
TASI: 7,942.43 (+0.35%) (YTD: +9.91%)
ADX: 4,937.69 (-0.05%) (YTD: +12.26%)
DFM: 2,829.58 (-0.43%) (YTD: -16.04%)
KSE Premier Market: 5,224.86 (-0.93%)
QE: 9,799.83 (-0.65%) (YTD: +14.98%)
MSM: 4,427.65 (-0.18%) (YTD: -13.34%)
BB: 1,334.53 (-0.17%) (YTD: +1.14%)