The Market Yesterday
EGP / USD CBE market average: Buy 17.85 | Sell 17.95
EGP / USD at CIB: Buy 17.86 | Sell 17.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Tuesday): 15,923 (+0.6%)
Turnover: EGP 799 mn (3% below the 90-day average)
EGX 30 year-to-date: +6.0%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.6%. CIB, the index heaviest constituent ended flat. EGX30’s top performing constituents were Pioneers Holding up 6.5%, TMG up 4.9%, and Palm Hills up 3.6%. Yesterday’’s worst performing stocks were QNB Alahli down 2.5%, Qalaa Holding down 1.5% and Global Telecom down 1.1%. The market turnover was EGP 799 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +20.8 mn
Regional: Net Short | EGP -40.5 mn
Domestic: Net Long | EGP +19.7mn
Retail: 52.0% of total trades | 50.5% of buyers | 53.4% of sellers
Institutions: 48.0% of total trades | 49.5% of buyers | 46.6% of sellers
Foreign: 28.7% of total | 30.0% of buyers | 27.4% of sellers
Regional: 8.3% of total | 5.8% of buyers | 10.9% of sellers
Domestic: 63.0% of total | 64.2% of buyers | 61.8% of sellers
WTI: USD 69.56 (-0.44%)
Brent: USD 78.08 (-0.12%)
Natural Gas (Nymex, futures prices) USD 2.82 MMBtu, (-0.21%, October 2018 contract)
Gold: USD 1,198.60/ troy ounce (-0.04%)
TASI: 7,968.24 (+0.32%) (YTD: +10.27%)
ADX: 4,983.98 (+0.94%) (YTD: +13.31%)
DFM: 2,837.17 (+0.27%) (YTD: -15.81%)
KSE Premier Market: 5,278.52 (+1.03%)
QE: 9,820.18 (+0.21%) (YTD: +15.21%)
MSM: 4,429.19 (+0.03%) (YTD: -13.34%)
BB: 1,338.49 (+0.30%) (YTD: +1.14%)