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Monday, 17 September 2018

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 17.86 | Sell 17.96
EGP / USD at CIB:
Buy 17.86 | Sell 17.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88

EGX30 (Sunday): 14,756 (-3.6 %)
Turnover: EGP 634 mn (20% below the 90-day average)
EGX 30 year-to-date: -1.8%

THE MARKET ON SUNDAY: The EGX30 index ended Sunday’s session down 3.6%. CIB, the index heaviest constituent ended down 2.1%. Yesterday’s worst performing stocks were EFG Hermes down 8.6%, Madinet Nasr Housing down 8.4%, and Egyptian Iron and Steel down 8.1%. The market turnover was EGP 634 mn, and regional investors were the sole net buyers.

Foreigners: Net Short | EGP -13.4 mn

Regional: Net Long | EGP +19.6 mn
Domestic: Net Short | EGP -6.2 mn

Retail: 70.0% of total trades | 69.1% of buyers | 70.8% of sellers
Institutions: 30.0% of total trades | 30.9% of buyers | 29.2% of sellers

Foreign: 12.6% of total | 11.5% of buyers | 13.6% of sellers
Regional: 8.0% of total | 9.6% of buyers | 6.5% of sellers
Domestic: 79.4% of total | 78.9% of buyers | 79.9% of sellers

WTI: USD 68.99 (+0.58%)
Brent: USD 78.09 (-0.12%)

Natural Gas (Nymex, futures prices) USD 2.77 MMBtu, (-1.77%, Oct 2018)
Gold: USD 1,201.10/ troy ounce (-0.59%)

TASI: 7,469.81 (-1.59%) (YTD: +3.37%)
ADX: 4,965.74 (+0.63%) (YTD: +12.90%)
DFM: 2,774.09 (-1.27%) (YTD: -17.68%)
KSE Premier Market: 5,347.35 (-0.03%)
QE: 9,942.03 (-0.80%) (YTD: +16.64%)
MSM: 4,563.20 (+0.10%) (YTD: -10.51%)
BB: 1,341.21 (-0.28%) (YTD: +0.71%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2021 Enterprise Ventures LLC.

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