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Sunday, 25 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 (Thursday): 13,675 (-0.4%)
Turnover: EGP 1.3 bn (68% above the 90-day average)
EGX 30 year-to-date: -8.9%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.4%. CIB, the index heaviest constituent ended down 1.5%. EGX30’s top performing constituents were Juhayna up 3.9%, and Egyptian Iron and Steel up 3.2%, and Ibnsina Pharma up 2.6%. Thursday’s worst performing stocks were QNB Alahli down 2.8%, Qalaa Holdings down 2.7% and Emaar Misr down 2.4%. The market turnover was EGP 1.3 bn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -57.6 mn
Regional: Net Short | EGP -92.3 mn
Domestic: Net Long | EGP +149.9 mn

Retail: 59.2% of total trades | 62.6% of buyers | 55.8% of sellers
Institutions: 40.8% of total trades | 37.4% of buyers | 44.2% of sellers

WTI: USD 50.42 (-7.71%)
Brent: USD 58.80 (-6.07%)

Natural Gas (Nymex, futures prices) USD 4.31 MMBtu, (-3.21%, December 2018 contract)
Gold: USD 1,223.20/ troy ounce (-0.39%)

TASI: 7,607.32 (+1.24%) (YTD: +5.27%)
ADX: 4,984.75 (+0.28%) (YTD: +13.33%)
DFM: 2,754.91 (-0.06%) (YTD: -18.25%)
KSE Premier Market: 5,266.27 (-0.08%)
QE: 10,328.48 (+0.35%) (YTD: +21.18%)
MSM: 4,453.30 (+0.03%) (YTD: -12.67%)
BB: 1,323.21 (+0.67%) (YTD: -0.64%)

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