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 (Sunday): 13,571 (-1.2%)
Turnover: EGP 611 mn (16% below the 90-day average)
EGX 30 year-to-date: -9.6%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 1.2%. CIB, the index heaviest constituent, ended down 1.9%. EGX30’s top performing constituents were Global Telecom up 6.2%, Orascom Investment Holding up 2.3%, and Egypt Aluminum up 1.5%. Yesterday’s worst performing stocks were Egyptian Resorts down 4%, SODIC down 3.8% and Emaar Misr down 3.3%. Turnover stood at EGP 611 mn with foreigners the sole net buyers.
Foreigners: Net Short | EGP -10.5 mn
Regional: Net Long | EGP +0.2 mn
Domestic: Net Long | EGP +10.3mn
Retail: 78.6% of total trades | 82.5% of buyers | 74.6% of sellers
Institutions: 21.4% of total trades | 17.5% of buyers | 25.4% of sellers
WTI: USD 60.76 (+0.95%)
Brent: USD 70.79 (+0.87%)
Natural Gas (Nymex, futures prices) USD 3.75 MMBtu, (+0.94%, December 2018 contract)
Gold: USD 1,210.30/ troy ounce (+0.14%)
TASI: 7,711.11 (-0.42%) (YTD: +6.71%)
ADX: 5,002.25 (-0.53%) (YTD: +13.73%)
DFM: 2,817.72 (-0.29%) (YTD: -16.39%)
KSE Premier Market: 5,300.82 (+0.03%)
QE: 10,390.01 (+0.21%) (YTD: +21.90%)
MSM: 4,503.68 (+0.27%) (YTD: -11.68%)
BB: 1,312.57 (-0.05%) (YTD: -1.44%)