The Market Yesterday
EGP / USD CBE market average: Buy 17.86 | Sell 17.95
EGP / USD at CIB: Buy 17.86 | Sell 17.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Thursday): 13,024 (-1.7%)
Turnover: EGP 735 mn (4% above the 90-day average)
EGX 30 year-to-date: -13.3%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 1.7%. CIB, the index heaviest constituent ended down 1.2%. EGX30’s top performing constituents were Pioneers Holding up 0.2%, and Edita flat. Thursday’s worst performing stocks were AMOC down 5.2%, Telecom Egypt down 4.4%, and Egypt Aluminum down 4.2%. The market turnover was EGP 735 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +160.6 mn
Regional: Net Long | EGP +0.9 mn
Domestic: Net Short| EGP -161.5 mn
Retail: 53.8% of total trades | 46.8% of buyers | 60.8% of sellers
Institutions: 46.2% of total trades | 53.2% of buyers | 39.2% of sellers
Foreign: 24.1% of total | 34.4% of buyers | 13.7% of sellers
Regional: 10.3% of total | 10.3% of buyers | 10.2% of sellers
Domestic: 65.7% of total | 55.2% of buyers | 76.1% of sellers
WTI: USD 67.59 (+0.39%)
Brent: USD 77.62 (+0.95%)
Natural Gas (Nymex, futures prices) USD 3.19 MMBtu, (-0.53%, November 2018 contract)
Gold: USD 1,235.80/ troy ounce (+0.28%)
TASI: 7,835.55 (+4.30%) (YTD: +8.43%)
ADX: 4,882.26 (-0.89%) (YTD: +11.00%)
DFM: 2,736.40 (-0.06%) (YTD: -18.80%)
KSE Premier Market: 5,228.31 (+0.37%)
QE: 10,153.36 (+0.01%) (YTD: +19.12%)
MSM: 4,452.91 (-0.22%) (YTD: -12.68%)
BB: 1,315.53 (-0.06%) (YTD: -1.22%)