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 (Monday): 15,628 (-0.7%)
Turnover: EGP 557 mn (30% below the 90-day average)
EGX 30 year-to-date: +4.1%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.7%. CIB, the index heaviest constituent ended up 0.4%. EGX30’s top performing constituents were Global Telecom up 1.4%, Orascom Construction up 0.7%, and CIB up 0.4%. Monday’s worst performing stocks were Egyptian Iron & Steel down 4.8%, AMOC down 4.2%, and Porto Group down 4.0%. The market turnover was EGP 557 mn, and local investors were the sole net sellers
Foreigners: Net Long | EGP +20.2 mn
Regional: Net Long | EGP +9.3 mn
Domestic: Net Short | EGP -29.5 mn
Retail: 65.9% of total trades | 66.7% of buyers | 65.2% of sellers
Institutions: 34.1% of total trades | 33.3% of buyers | 34.8% of sellers
Foreign: 18.1% of total | 19.9% of buyers | 16.3% of sellers
Regional: 6.6% of total | 7.5% of buyers | 5.8% of sellers
Domestic: 75.3% of total | 72.6% of buyers | 77.9% of sellers
WTI: USD 69.80 (+0.79%)
Brent: USD 79.06 (+2.18%)
Natural Gas (Nymex, futures prices) USD 2.83 MMBtu, (+0.14%, October 2018 contract)
Gold: USD 1,203.00/ troy ounce (+0.07%)
TASI: 7,693.07 (-0.17%) (YTD: +6.46%)
ADX: 4,992.63 (+0.13%) (YTD: +13.51%)
DFM: 2,832.98 (-0.58%) (YTD: -15.94%)
KSE Premier Market: 5,337.08 (+0.22%)
QE: 9,931.07 (+0.42%) (YTD: +16.52%)
MSM: 4,486.11 (+0.73%) (YTD: -12.02%)
BB: 1,342.68 (-0.06%) (YTD: +0.82%)