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): 13,202 (-0.4%)
Turnover: EGP 902 mn (28% above the 90-day average)
EGX 30 year-to-date: -12.1%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.4%. CIB, the index heaviest constituent ended down 0.3%. EGX30’s top performing constituents were Emaar Misr up 3.5%, and Egyptian Resorts up 2.2%, and Abu Qir Fertilizers up 1.5%. Thursday’s worst performing stocks were Sidi kerir Petrochemicals down 7.6%, Orascom Investment Holding down 4.5% and Ezz Steel down 3.4%. The market turnover was EGP902 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -38.6 mn
Regional: Net Long | EGP +48.0 mn
Domestic: Net Short | EGP -9.5 mn
Retail: 57.9% of total trades | 61.1% of buyers | 54.6% of sellers
Institutions: 42.1% of total trades | 38.9% of buyers | 45.4% of sellers
Foreign: 25.2% of total | 23.1% of buyers | 27.4% of sellers
Regional: 13.2% of total | 15.8% of buyers | 10.5% of sellers
Domestic: 61.6% of total | 61.1% of buyers | 62.1% of sellers
WTI: USD 63.14 (-0.86%)
Brent: USD 72.83 (-0.08%)
Natural Gas (Nymex, futures prices) USD 3.28 MMBtu, (+1.45%, December 2018 contract)
Gold: USD 1,233.30/ troy ounce (-0.43%)
TASI: 7,879.37 (-0.35%) (YTD: +9.04%)
ADX: 4,920.67 (+0.38%) (YTD: +11.87%)
DFM: 2,805.22 (+0.74%) (YTD: -16.76%)
KSE Premier Market: 5,262.86 (+0.55%)
QE: 10,280.96 (-0.19%) (YTD: +20.62%)
MSM: 4,422.17(-0.02%) (YTD: -13.28%)
BB: 1,313.22 (-0.11%) (YTD: -1.39%)