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Thursday, 22 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 (Wednesday): 13,731 (-1.3%)
Turnover: EGP 980 mn (28% above the 90-day average)
EGX 30 year-to-date: -8.6%

THE MARKET ON WEDNESDAY: The EGX30 ended yesterday’s session down 1.3%. CIB, the index heaviest constituent ended down 2.4%. EGX30’s top performing constituents were Porto Group up 9.3%, and Juhayna up 4.8%, and Pioneers Holding up 1.8%. Yesterday’s worst performing stocks were Heliopolis Housing down 4.0%, Ezz Steel down 2.7%. The market turnover was EGP 980 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -34.0 mn
Regional: Net Short | EGP -60.8 mn
Domestic: Net Long | EGP +94.8 mn

Retail: 53.1% of total trades | 57.2% of buyers | 49.0% of sellers
Institutions: 46.9% of total trades | 42.8% of buyers | 51.0% of sellers

WTI: USD 54.64 (+2.26%)
Brent: USD 63.48 (+1.52%)

Natural Gas (Nymex, futures prices) USD 4.45 MMBtu, (-1.57%, December 2018 contract)
Gold: USD 1,226.70/ troy ounce (+0.45%)

TASI: 7,514.36 (+0.13%) (YTD: +3.99%)
ADX: 4,970.88 (-0.40%) (YTD: +13.01%)
DFM: 2,756.69 (+0.24%) (YTD: -18.20%)
KSE Premier Market: 5,266.27 (-0.08%)
QE: 10,292.82 (+0.24%) (YTD: +20.76%)
MSM: 4,453.30 (+0.03%) (YTD: -12.67%)
BB: 1,314.39 (+0.60%) (YTD: -1.30%)

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