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): 13,521 (-0.1%)
Turnover: EGP 708 mn (On par with the 90-day average)
EGX 30 year-to-date: -10.0%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.1%. CIB, the index heaviest constituent ended up 1.6%. EGX30’s top performing constituents were Madinet Nasr Housing up 10.8%, CIB up 1.6% and Ibnsina Pharma up 1.0%. Yesterday’s worst performing stocks were SODIC down 7.9%. Global Telecom down 3.4% and Egyptian Resorts down 2.5%. The market turnover was EGP 708 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +81.5 mn
Regional: Net Short | EGP -23.4 mn
Domestic: Net Short | EGP -58.1 mn
Retail: 53.7% of total trades | 54.0% of buyers | 53.4% of sellers
Institutions: 46.3% of total trades | 46.0% of buyers | 46.6% of sellers
Foreign: 26.5% of total | 32.2% of buyers | 20.7% of sellers
Regional: 6.3% of total | 4.7% of buyers | 8.0% of sellers
Domestic: 67.2% of total | 63.1% of buyers | 71.3% of sellers
WTI: USD 71.68 (-0.14%)
Brent: USD 80.78 (+0.44%)
Natural Gas (Nymex, futures prices) USD 3.25 MMBtu, (+0.37%, November 2018 contract)
Gold: USD 1,230.80/ troy ounce (+0.04%)
TASI: 7,567.57 (+4.14%) (YTD: +4.72%)
ADX: 4,932.87 (+0.04%) (YTD: +12.15%)
DFM: 2,713.05 (-0.03%) (YTD: -19.50%)
KSE Premier Market: 5,205.36 (+0.89%)
QE: 9,834.12 (+0.10%) (YTD: +15.38%)
MSM: 4,460.71 (-0.81%) (YTD: -12.52%)
BB: 1,315.92 (+0.01%) (YTD: -1.19%)