The Market Yesterday
EGP / USD CBE market average: Buy 17.86 | Sell 17.97
EGP / USD at CIB: Buy 17.86 | Sell 17.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Wednesday): 13,264 (-2.5%)
Turnover: EGP 733 mn (4% above the 90-day average)
EGX30 year-to-date: -11.8%
THE MARKET ON WEDNESDAY: The EGX30 index ended Wednesday’s session down 2.5%. CIB, the index heaviest constituent was 2.2% down. EGX30’s top performing constituents were Juhayna 2.1% up, Palm Hills 1.4% up, and Telecom Egypt 0.7% up. Today’s worst performing stocks were Arab Cotton Ginning 6.5% down, TMG Holding 6.3% down, and AMOC 6.3% down. The market turnover was EGP733 million, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +62.9 mn
Regional: Net Long | EGP +48.9 mn
Domestic: Net Short | EGP -111.8 mn
Retail: 50.5% of total trades | 49.4% of buyers | 51.6% of sellers
Institutions: 49.5% of total trades | 50.6% of buyers | 48.4% of sellers
Foreign: 24.1% of total | 28.4% of buyers | 19.8% of sellers
Regional: 14.5% of total | 17.8% of buyers | 11.2% of sellers
Domestic: 61.4% of total | 53.8% of buyers | 69.0% of sellers
WTI: USD 66.26 (-0.84%)
Brent: USD 75.54 (-0.83%)
Natural Gas (Nymex, futures prices) USD 3.19 MMBtu, (+0.60%, Nov 2018 contract)
Gold: USD 1,239.8 / troy ounce (+0.71%)
TASI: 7,512.52 (-0.49%) (YTD: +3.96%)
ADX: 4,926.29 (-0.89%) (YTD: +12.0%)
DFM: 2,738.01 (-0.55%) (YTD: -18.76%)
KSE Premier Market: 5,208.85 (+0.74%)
QE: 10,152.62 (-1.09%) (YTD: +19.11%)
MSM: 4,462.76 (+0.08%) (YTD: -12.48%)
BB: 1,316.38 (-0.36%) (YTD: -1.15%)