The Market Yesterday
EGP / USD CBE market average: Buy 17.85 | Sell 17.95
EGP / USD at CIB: Buy 17.86| Sell 7.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30: 13,589 (-0.1%)
Turnover: EGP 649 mn (11% below the 90-day average)
EGX 30 year-to-date: -9.5%
THE MARKET ON TUESDAY: The EGX30 index ended Tuesday’s session down 0.1%. CIB, the index heaviest constituent ended up 0.2%. EGX30’s top performing constituents were Heliopolis Housing up 2.8%, Telecom Egypt up 2.0%, and TMG Holding up 2.0%. Yesterday’s worst performing stocks were Edita down 6.3%, Global Telecom down 3.4%, and Pioneers Holding down 2.2%. The market turnover was EGP 649 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +41.6 mn
Regional: Net Short | EGP -24.2 mn
Domestic: Net Short | EGP -17.5 mn
Retail: 50.0% of total trades | 47.2% of buyers | 52.8% of sellers
Institutions: 50.0% of total trades | 52.8% of buyers | 47.2% of sellers
Foreign: 30.3% of total | 33.5% of buyers | 27.1% of sellers
Regional: 7.9% of total | 6.0% of buyers | 9.7% of sellers
Domestic: 61.8% of total | 60.5% of buyers | 63.2% of sellers
WTI: USD 74.95 (+0.89%)
Brent: USD 84.86 (+1.13%)
Natural Gas (Nymex, futures prices) USD 3.28 MMBtu, (+0.52%, Nov 2018)
Gold: USD 1,191.10/ troy ounce (+0.21%)
TASI: 7,904.74 (-0.43%) (YTD: +9.39%)
ADX: 5,020.52 (+0.34%) (YTD: +14.14%)
DFM: 2,777.82 (+0.12%) (YTD: -17.57%)
KSE Premier Market: 5,304.46 (-0.09%)
QE: 9,840.18 (+0.21%) (YTD: +15.45%)
MSM: 4,517.38 (+0.27%) (YTD: -11.41%)
BB: 1,324.26 (-0.08%) (YTD: -0.56%)