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 (Wednesday): 14,313 (-0.5%)
Turnover: EGP 779 mn (6% above the 90-day average)
EGX 30 year-to-date: -4.7%
THE MARKET ON WEDNESDAY: The EGX30 index ended Wednesday’s session down 0.5%. CIB, the index heaviest constituent ended down 0.7%. EGX30’s top performing constituents were Qalaa Holdings up 4.0%, Pioneers Holding up 3.8%, and AMOC up 2.3%. Yesterday’s worst performing stocks were Heliopolis Housing down 2.9%, Eastern Company down 2.8%, and TMG Holding down 2.3%. The market turnover was EGP 779 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +5.0 mn
Regional: Net Long | EGP +66.9 mn
Domestic: Net Short | EGP -71.9 mn
Retail: 64.8% of total trades | 61.3% of buyers | 68.3% of sellers
Institutions: 35.2% of total trades | 38.7% of buyers | 31.7% of sellers
Foreign: 18.9% of total | 19.3% of buyers | 18.6% of sellers
Regional: 7.9% of total | 12.2% of buyers | 3.6% of sellers
Domestic: 73.2% of total | 68.5% of buyers | 77.8% of sellers
WTI: USD 76.19 (+1.28%)
Brent: USD 85.97 (+1.38%)
Natural Gas (Nymex, futures prices) USD 3.24 MMBtu, (+2.31%, Nov 2018)
Gold: USD 1,200.50 / troy ounce (-0.54%)
TASI: 8,008.55 (+0.34%) (YTD: +10.82%)
ADX: 5,001.33 (+0.15%) (YTD: +13.71%)
DFM: 2,814.97 (-0.84%) (YTD: -16.47%)
KSE Premier Market: 5,328.93 (+0.1%)
QE: 9,889.47 (+0.74%) (YTD: +16.03%)
MSM: 4,515.67 (-0.43%) (YTD: -11.44%)
BB: 1,330.41 (+0.03%) (YTD: -0.10%)