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): 14,201 (-0.4%)
Turnover: EGP 671 mn (12% BELOW / ABOVE the 90-day average)
EGX 30 year-to-date: -5.4%
THE MARKET ON MONDAY: The EGX30 index ended Monday’s session down 0.4%. CIB, the index heaviest constituent ended down 1.1%. EGX30’s top performing constituents were Egyptian Resorts up 7.8%, Orascom Investment Holding up 6.3%, and Qalaa Holdings up 3.3%. Yesterday’s worst performing stocks were QNB Al Ahli down 4.5%, Ezz Steel down 2.8%, and Egypt Aluminum down 2.0%. The market turnover was EGP 671 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +51.4 mn
Regional: Net Long | EGP +24.8 mn
Domestic: Net Short | EGP -76.2 mn
Retail: 59.8% of total trades | 58.8% of buyers | 60.8% of sellers
Institutions: 40.2% of total trades | 41.2% of buyers | 39.2% of sellers
Foreign: 23.8% of total | 27.6% of buyers | 20.0% of sellers
Regional: 6.5% of total | 8.4% of buyers | 4.7% of sellers
Domestic: 69.7% of total | 64.0% of buyers | 75.4% of sellers
WTI: USD 72.10 (+1.86%)
Brent: USD 81.08 (+2.89%)
Natural Gas (Nymex, futures prices) USD 3.03 MMBtu, (+1.81%, Oct 2018)
Gold: USD 1,204.00 / troy ounce (+0.22%)
TASI: 7,768.31 (+0.50%) (YTD: +7.50%)
ADX: 4,888.79 (-0.07%) (YTD: +11.15%)
DFM: 2,753.29 (-0.31%) (YTD: -18.30%)
KSE Premier Market: 5,282.30 (-0.12%)
QE: 9,731.65 (-0.38%) (YTD: +14.18%)
MSM: 4,453.27 (-0.74%) (YTD: -12.67%)
BB: 1,356.13 (+0.35%) (YTD: -1.83%)