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): 13,436 (+1.5%)
Turnover: EGP 1.2 bn (69% above the 90-day average)
EGX 30 year-to-date: -10.5%
THE MARKET ON TUESDAY: The EGX30 index ended Tuesday’s session up 1.5%. CIB, the index heaviest constituent ended flat. EGX30’s top performing constituents were Global Telecom up 7.3%, and Porto Group up 4.6% and Elsewedy Electric up 4.5%. Yesterday’s worst performing stocks were Egyptian Aluminum down 6.8%, CIB and QNB Alahli ended flat. The market turnover was EGP 1.2 bn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +64.9 mn
Regional: Net Short | EGP -78.4 mn
Domestic: Net Long | EGP +13.4 mn
Retail: 65.0% of total trades | 63.5% of buyers | 66.5% of sellers
Institutions: 35.0% of total trades | 36.5% of buyers | 33.5% of sellers
Foreign: 13.8% of total | 16.5% of buyers | 11.1% of sellers
Regional: 16.0% of total | 12.7% of buyers | 19.3% of sellers
Domestic: 70.2% of total | 70.8% of buyers | 69.7% of sellers
WTI: USD 61.79 (-0.68%)
Brent: USD 72.13 (-1.42%)
Natural Gas (Nymex, futures prices) USD 3.54 MMBtu, (-0.48%, December 2018 contract)
Gold: USD 1,229.00/ troy ounce (+0.22%)
TASI: 7,812.34 (+0.13%) (YTD: +8.11%)
ADX: 5,003.63 (+0.63%) (YTD: +13.76%)
DFM: 2,815.60 (+0.74%) (YTD: -16.45%)
KSE Premier Market: 5,263.59 (-0.12%)
QE: 10,376.94 (-0.78%) (YTD:+21.75%)
MSM: 4,421.12 (+0.14%) (YTD: -13.30%)
BB: 1,313.91 (-0.12%) (YTD: -1.34%)