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): 13,689 (+1.2%)
Turnover: EGP 898 mn (27% above the 90-day average)
EGX 30 year-to-date: -8.9%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.2%. CIB, the index heaviest constituent ended up 1.3%. EGX30’s top performing constituents were Juhayna up 5.9%, Ibnsina Pharma up 4.6% and Elsewedy Electric up 3.4%. Yesterday’s worst performing stocks were SODIC down 5.7%, Egypt Aluminum down 0.6%, and Edita ended flat. The market turnover was EGP 898 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +84.6 mn
Regional: Net Long | EGP +17.4 mn
Domestic: Net Short | EGP -101.9 mn
Retail: 44.8% of total trades | 42.3% of buyers | 47.3% of sellers
Institutions: 55.2% of total trades | 57.7% of buyers | 52.7% of sellers
Foreign: 36.0% of total | 40.7% of buyers | 31.3% of sellers
Regional: 11.6% of total | 12.6% of buyers | 10.6% of sellers
Domestic: 52.4% of total | 46.7% of buyers | 58.1% of sellers
WTI: USD 72.22 (+0.42%)
Brent: USD 81.70 (+0.36%)
Natural Gas (Nymex, futures prices) USD 3.25 MMBtu, (+0.37%, November 2018 contract)
Gold: USD 1,228.70 / troy ounce (-0.19%)
TASI: 7,666.80 (+1.31%) (YTD: +6.10%)
ADX: 4,930.90 (-0.04%) (YTD: +12.11%)
DFM: 2,727.87 (+0.55%) (YTD: -19.06%)
KSE Premier Market: 5,171.67 (-0.65%)
QE: 10,031.59 (+2.01%) (YTD: +17.69%)
MSM: 4,451.65 (-0.20%) (YTD: -12.70%)
BB: 1,311.64 (-0.33%) (YTD: -1.51%)