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Wednesday, 14 November 2018

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

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): 13,544 (-1.0%)
Turnover: EGP 1 bn (34% above the 90-day average)
EGX 30 year-to-date: -9.8%

THE MARKET ON TUESDAY: The EGX30 ended yesterday’s session down 1%. CIB, the index heaviest constituent ended down 1%. EGX30’s top performing constituents were Ibnsina Pharma up 4.3%, and Eastern Co up 2.2%, and Qalaa Holdings up 2.1% Yesterday’s worst performing stocks were Sidi Kerir Petrochemicals down 4.9%, TMG Holding down 3.7% and Global Telecom down 3.1%. The market turnover was EGP 1 bn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -69.5 mn
Regional: Net Short | EGP -51.4 mn
Domestic: Net Long | EGP +120.9 mn

Retail: 64.9% of total trades | 68.6% of buyers | 61.2% of sellers
Institutions: 35.1% of total trades | 31.4% of buyers | 38.8% of sellers

WTI: USD 55.68 (-0.02%)
Brent: USD 65.47 (-6.63%)

Natural Gas (Nymex, futures prices) USD 4.08 MMBtu, (-0.61%, December 2018 contract)
Gold: USD 1,203.90/ troy ounce (+0.17%)

TASI: 7,750.95 (-0.31%) (YTD: +7.26%)
ADX: 4,966.79 (+0.25%) (YTD: +12.92%)
DFM: 2,775.51 (-0.98%) (YTD: -17.64%)
KSE Premier Market: 5,297.04 (+0.13%)
QE: 10,314.62 (-0.96%) (YTD: +21.02%)
MSM: 4,467.28 (-0.28%) (YTD: -12.39%)
BB: 1,304.96 (-0.26%) (YTD: -2.01%)

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