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): 14654 (0.00%)
Turnover: EGP 706 mn (9% below the 90-day average)
EGX 30 year-to-date: -2.4%
THE MARKET ON TUESDAY: The EGX30 index ended Tuesday’s session flat. CIB, the index heaviest constituent ended flat. EGX30’s top performing constituents were Eastern Co up 3.9%, Qalaa Holdings up 2.3%, and AMOC up 1.4%. Yesterday’s worst performing stocks were Telecom Egypt down 4.6%, Sidi Kerir Petrochemicals down 3.9%, and Heliopolis Housing down 3.8%. The market turnover was EGP 706 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -42.6 mn
Regional: Net Long | EGP +4.7 mn
Domestic: Net Long | EGP +37.9 mn
Retail: 60.8% of total trades | 59.0% of buyers | 62.5% of sellers
Institutions: 39.2% of total trades | 41.0% of buyers | 37.5% of sellers
Foreign: 22.8% of total | 19.8% of buyers | 25.8% of sellers
Regional: 5.7% of total | 6.1% of buyers | 5.4% of sellers
Domestic: 71.5% of total | 74.2% of buyers | 68.8% of sellers
WTI: USD 69.85 (+1.36%)
Brent: USD 78.98 (+1.19%)
Natural Gas (Nymex, futures prices) USD 2.92 MMBtu, (+3.80%, Oct 2018 contract)
Gold: USD 1,203.00 / troy ounce (-0.23%)
TASI: 7,643.40 (+0.44%) (YTD: +5.77%)
ADX: 4,876.38 (-0.13%) (YTD: +10.87%)
DFM: 2,742.98 (-0.33%) (YTD: -18.61%)
KSE Premier Market: 5,339.18 (-0.13%)
QE: 9,823.53 (-0.09%) (YTD: +15.25%)
MSM: 4,495.69 (-0.45%) (YTD: -11.84%)
BB: 1,340.06 (+0.08%) (YTD: +0.63%)