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 (Monday): 13,074 (+0.7%)
Turnover: EGP 666 mn (5% below the 90-day average)
EGX 30 year-to-date: -12.9%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.7%. CIB, the index heaviest constituent ended up 0.2%. EGX30’s top performing constituents were Pioneers Holding up 4.6% and Palm Hills up 3.9%, and Sidi Kerir Petrochemicals up 2.7%. Yesterday’s worst performing stocks were AMOC down 1.9%, Juhayna down 0.4% and Egypt Aluminum down 0.4%. The market turnover was EGP 666 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -1.5 mn
Regional: Net Long | EGP +3.9 mn
Domestic: Net Short | EGP -2.3 mn
Retail: 60.7% of total trades | 60.9% of buyers | 60.4% of sellers
Institutions: 39.3% of total trades | 39.1% of buyers | 39.6% of sellers
Foreign: 18.6% of total | 18.5% of buyers | 18.7% of sellers
Regional: 14.8% of total | 15.1% of buyers | 14.6% of sellers
Domestic: 66.6% of total | 66.4% of buyers | 66.7% of sellers
WTI: USD 66.69 (-0.52%)
Brent: USD 77.34 (-0.36%)
Natural Gas (Nymex, futures prices) USD 3.19 MMBtu, (+0.00%, December 2018 contract)
Gold: USD 1,231.80/ troy ounce (+0.34%)
TASI: 7,847.51 (+0.57%) (YTD: +8.60%)
ADX: 4,871.58 (-0.53%) (YTD: +10.76%)
DFM: 2,714.83 (-0.37%) (YTD: -19.44%)
KSE Premier Market: 5,216.73 (-0.02%)
QE: 10,191.68 (+0.47%) (YTD: +19.57%)
MSM: 4,428.80 (-0.57%) (YTD: -13.15%)
BB: 1,315.04 (-0.29%) (YTD: -1.25%)