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 (Sunday): 12,981 (-0.3%)
Turnover: EGP 462 mn (34% below the 90-day average)
EGX 30 year-to-date: -13.6%
THE MARKET ON SUNDAY: The EGX30 index ended Sunday’s session down 0.3%. CIB, the index heaviest constituent ended down1.6%. EGX30’s top performing constituents were Pioneers Holding up 4.8%, and Qalaa Holdings up 4.3%, and Palm Hills up 4.1%. Yesterday’s worst performing stocks were Eastern Company down 2.0%, Ibnsina Pharma down 2.0% and CIB down 1.6%. The market turnover was EGP 462 mn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +43.8 mn
Regional: Net Long | EGP +10.7mn
Domestic: Net Short | EGP -54.5 mn
Retail: 68.9% of total trades | 67.8% of buyers | 70.0% of sellers
Institutions: 31.1% of total trades | 32.2% of buyers | 30.0% of sellers
Foreign: 11.0% of total | 15.7% of buyers | 6.2% of sellers
Regional: 12.0% of total | 13.2% of buyers | 10.9% of sellers
Domestic: 77.0% of total | 71.1% of buyers | 82.9% of sellers
WTI: USD 67.60 (+0.01%)
Brent: USD 77.66 (+0.05%)
Natural Gas (Nymex, futures prices) USD -0.03 MMBtu, (-1.07%, November 2018 contract)
Gold: USD 1,235.60/ troy ounce (-0.02%)
TASI: 7,802.65 (-0.42%) (YTD: +7.98%)
ADX: 4,897.57 (+0.31%) (YTD: +11.35%)
DFM: 2,724.83 (-0.42%) (YTD: -19.15%)
KSE Premier Market: 5,217.79 (-0.2%)
QE: 10,144.37 (-0.09%) (YTD: +19.02%)
MSM: 4,453.97 (+0.02%) (YTD: -12.65%)
BB: 1,318.87 (+0.25%) (YTD: -0.96%)