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): 14,382 (-0.5%)
Turnover: EGP 744 mn (On par with the 90-day average)
EGX 30 year-to-date: -4.2%
THE MARKET ON TUESDAY: The EGX30 index ended Tuesday’s session down 0.5%. CIB, the index heaviest constituent ended down 0.9%. EGX30’s top performing constituents were Emaar Misr up 5.0%, Global Telecom up 4%, and Qalaa Holding up 3.2%. Yesterday’s worst performing stocks were Edita down 7.4%, Juhayna down 5.0%, and Ibnsina Pharma down 4.6%. The market turnover was EGP 744 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -53.2 mn
Regional: Net Long | EGP +41.2mn
Domestic: Net Long | EGP +12.0 mn
Retail: 49.6% of total trades | 48.9% of buyers | 50.3% of sellers
Institutions: 50.4% of total trades | 51.1% of buyers | 49.7% of sellers
Foreign: 29.1% of total | 25.5% of buyers | 32.7% of sellers
Regional: 10.8% of total | 13.5% of buyers | 8.0% of sellers
Domestic: 60.1% of total | 61.0% of buyers | 59.3% of sellers
WTI: USD 75.23 (-0.09%)
Brent: USD 84.52 (-0.54%)
Natural Gas (Nymex, futures prices) USD 3.17 MMBtu, (+2.33%, Nov 2018)
Gold: USD 1,207.00 / troy ounce (+1.28%)
TASI: 7,981.19 (-0.71%) (YTD: +10.45%)
ADX: 4,993.90 (+0.29%) (YTD: +13.54%)
DFM: 2,838.71 (-0.38%) (YTD: -15.77%)
KSE Premier Market: 5,323.54 (-0.11%)
QE: 9,817.07 (+0.27%) (YTD: +15.18%)
MSM: 4,535.34 (-0.06%) (YTD: -11.06%)
BB: 1,329.95 (-0.38%) (YTD: -0.13%)