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): 14651 (-0.7%)
Turnover: EGP 576 mn (27% below the 90-day average)
EGX 30 year-to-date: -2.5%
THE MARKET ON MONDAY: The EGX 30 index ended Monday’s session down 0.7%. CIB, the index heaviest constituent ended down 0.6%. EGX30’s top performing constituents were Arab Cotton Ginning up 4.2%, EFG Hermes up 3.1%, and Pioneers Holding up 2.6%. Yesterday’s worst performing stocks were Egyptian Iron and Steel down 6.2%, Eastern Co down 4.3%, and Juhayna down 4.1%. The market turnover was EGP 576 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -20.6 mn
Regional: Net Long | EGP +18.4 mn
Domestic: Net Long | EGP +2.2 mn
Retail: 58.9% of total trades | 55.6% of buyers | 62.3% of sellers
Institutions: 41.1% of total trades | 44.4% of buyers | 37.7% of sellers
Foreign: 24.6% of total | 22.8% of buyers | 26.4% of sellers
Regional: 5.4% of total | 7.0% of buyers | 3.8% of sellers
Domestic: 70.0% of total | 70.2% of buyers | 69.8% of sellers
WTI: USD 68.77 (-0.32%)
Brent: USD 77.97 (-0.32%)
Natural Gas (Nymex, futures prices) USD 2.82 MMBtu, (+1.77%, Oct 2018)
Gold: USD 1,206.10/ troy ounce (+0.42%)
TASI: 7,609.65 (+1.87%) (YTD: +5.30%)
ADX: 4,882.85 (-1.67%) (YTD: +11.01%)
DFM: 2,752.13 (-0.79%) (YTD: -18.34%)
KSE Premier Market: 5,345.93 (-0.03%)
QE: 9,832.68 (-1.10%) (YTD: +15.36%)
MSM: 4,515.94 (-1.04%) (YTD: -11.44%)
BB: 1,338.98 (-0.17%) (YTD: -0.55%)