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 (Sunday): 15,740 (-0.4%)
Turnover: EGP 472 mn (41% below the 90-day average)
EGX 30 year-to-date: +4.8%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.4%. CIB, the index heaviest constituent ended down 0.3%. EGX30’s top performing constituents were Egyptian Resorts up 2.6%, Sidi Kerir Petrochemicals up 1.6%, and AMOC up 1.5%. Yesterday’s worst performing stocks were Porto Group down 2.3%, SODIC down 2.3%, and TMG Holding down 2.2%. The market turnover was EGP 472 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -19.9 mn
Regional: Net Long | EGP +21.0 mn
Domestic: Net Short | EGP -1.1 mn
Retail: 76.7% of total trades | 78.6% of buyers | 74.9% of sellers
Institutions: 23.3% of total trades | 21.4% of buyers | 25.1% of sellers
Foreign: 6.7% of total | 4.6% of buyers | 8.8% of sellers
Regional: 8.2% of total | 10.4% of buyers | 5.9% of sellers
Domestic: 85.1% of total | 85.0% of buyers | 85.2% of sellers
WTI: USD 67.98 (+0.34%)
Brent: USD 77.12 (+0.38%)
Natural Gas (Nymex, futures prices) USD 2.77 MMBtu, (-0.11%, October 2018 contract)
Gold: USD 1,201.00/ troy ounce (+0.05%)
TASI: 7,729.07 (+0.54%) (YTD: +6.96%)
ADX: 4,918.08 (0.00%) (YTD: +11.81%)
DFM: 2,842.67 (+0.57%) (YTD: -15.65%)
KSE Premier Market: 5,325.12 (+0.37%)
QE: 9,770.43 (-0.57%) (YTD: +14.63%)
MSM: 4,453.56 (+0.47%) (YTD: -12.66%)
BB: 1,343.53 (+0.27%) (YTD: +0.89%)