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 (Tuesday): 13,155 (+0.6%)
Turnover: EGP 741 mn (6% above the 90-day average)
EGX 30 year-to-date: -12.4%
THE MARKET ON TUESDAY: The EGX30 index ended Tuesday’s session up 0.6%. CIB, the index heaviest constituent ended up 0.4%. EGX30’s top performing constituents were Egyptians Resorts up 4.4%, and Qalaa Holding up 3.2%, and Egyptian Iron and Steel up 2.9%. Yesterday’s worst performing stocks were Ezz steel down 2.3%, Juhayna down 1.5% and TMG Holding down 0.8%. The market turnover was EGP 741 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +42.0 mn
Regional: Net Short | EGP -19.1 mn
Domestic: Net Short | EGP -22.9 mn
Retail: 70.8% of total trades | 69.4% of buyers | 72.2% of sellers
Institutions: 29.2% of total trades | 30.6% of buyers | 27.8% of sellers
Foreign: 13.4% of total | 16.2% of buyers | 10.6% of sellers
Regional: 14.3% of total | 13.1% of buyers | 15.6% of sellers
Domestic: 72.3% of total | 70.7% of buyers | 73.8% of sellers
WTI: USD 66.43 (+0.38%)
Brent: USD 76.25 (+0.45%)
Natural Gas (Nymex, futures prices) USD 3.22 MMBtu, (+0.91%, December 2018 contract)
Gold: USD 1,223.50/ troy ounce (-0.15%)
TASI: 7,832.98 (-0.19%) (YTD: +8.40%)
ADX: 4,855.94 (-0.32%) (YTD: +10.40%)
DFM: 2,743.54 (+1.06%) (YTD: -18.59%)
KSE Premier Market: 5,224.69 (+0.15%)
QE: 10,163.41 (-0.28%) (YTD: +19.24%)
MSM: 4,420.67(-0.18%) (YTD: -13.31%)
BB: 1,312.90 (-0.16%) (YTD: -1.41%)