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 (Sunday): 13,537 (+1.9%)
Turnover: EGP 543 mn (24% below the 90-day average)
EGX 30 year-to-date: -9.9%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.9%. CIB, the index heaviest constituent ended up 0.8%. EGX30’s top performing constituents were Madinet Nasr Housing up 10.0% Ibnsina Pharma up 7.4%, and Heliopolis Housing up 6.3%. Yesterday’s worst performing stocks were Edita down 5.9%, Eastern Co. down 0.1% and Juhayna ended flat. The market turnover was EGP 543 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -46.3 mn
Regional: Net Long | EGP +0.7 mn
Domestic: Net Long | EGP +45.6 mn
Retail: 55.0% of total trades | 58.7% of buyers | 51.4% of sellers
Institutions: 45.0% of total trades | 41.3% of buyers | 48.6% of sellers
Foreign: 16.9% of total | 12.6% of buyers | 21.1% of sellers
Regional: 6.1% of total | 6.2% of buyers | 6.1% of sellers
Domestic: 77.0% of total | 81.2% of buyers | 72.8% of sellers
WTI: USD 71.34 (+0.52%)
Brent: USD 80.43 (+0.21%)
Natural Gas (Nymex, futures prices) USD 3.16 MMBtu, (-1.89%, November 2018 contract)
Gold: USD 1,222.00 / troy ounce (-0.46%)
TASI: 7,266.59 (-3.51%) (YTD: +0.56%)
ADX: 4,931.14 (-0.74%) (YTD: +12.11%)
DFM: 2,713.93 (-1.50%) (YTD: -19.47%)
KSE Premier Market: 5,159.27 (-1.86%)
QE: 9,824.20 (-0.38%) (YTD: +15.26%)
MSM: 4,497.36 (+0.17%) (YTD: -11.80%)
BB: 1,315.73 (-0.02%) (YTD: -1.20%)