The Market Yesterday
EGP / USD CBE market average: Buy 17.85 | 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): 13,733 (+0.9%)
Turnover: EGP 959 mn (32% above the 90-day average)
EGX 30 year-to-date: -8.6%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.9% CIB, the index heaviest constituent ended up 1.7% EGX30’s top performing constituents were Arab Cotton Ginning up 5.2%, and Ezz Steel up 3.6% and Egyptian Iron & Steel up 2.6%. Thursday’s worst performing stocks were AMOC down 2.3%, Qalaa Holdings down 2.0% and EGF Hermes down 1.0%. The market turnover was EGP 959 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -8.7 mn
Regional: Net Short | EGP -20.9 mn
Domestic: Net Long | EGP +29.7 mn
Retail: 73.0% of total trades | 71.8% of buyers | 74.2% of sellers
Institutions: 27.0% of total trades | 28.2% of buyers | 25.8% of sellers
Foreign: 11.1% of total | 10.7% of buyers | 11.6% of sellers
Regional: 7.2% of total | 6.1% of buyers | 8.3% of sellers
Domestic: 81.7% of total | 83.2% of buyers | 80.1% of sellers
WTI: USD 60.19 (-0.79%)
Brent: USD 70.18 (-0.67%)
Natural Gas (Nymex, futures prices) USD 3.72 MMBtu, (+4.97%, December 2018 contract)
Gold: USD 1,208.60 / troy ounce (-1.35%)
TASI: 7,743.39 (-0.63%) (YTD: +7.16%)
ADX: 5,028.75 (+0.25%) (YTD: +14.33%)
DFM: 2,825.86 (-0.12%) (YTD: -16.15%)
KSE Premier Market: 5,299.28 (+0.12%)
QE: 10,368.17 (+1.13%) (YTD: +21.64%)
MSM: 4,491.34 (+1.02%) (YTD: -11.92%)
BB: 1,313.21 (-0.23%) (YTD: -1.39%)