The Market Yesterday
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 (Sunday): 13,154 (-3.8%)
Turnover: EGP 795 mn (2% above the 90-day average)
EGX 30 year-to-date: -12.4%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 3.8%. CIB, the index heaviest constituent ended down 6.5%. EGX30’s top performing constituents were Arab Cotton Ginning up 2.2%, and QNB Alahli up 0.5%. Yesterday’s worst performing stocks were CIB down 6.5%, Sidi Kerir Petrochemicals down 5.8% and Qalaa Holdings down 5.1%. The market turnover was EGP 795 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -12.8 mn
Regional: Net Short | EGP -18.4 mn
Domestic: Net Long | EGP +31.2 mn
Retail: 72.8% of total trades | 78.6% of buyers | 66.9% of sellers
Institutions: 27.2% of total trades | 21.4% of buyers | 33.1% 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: 7,512.57 (-1.25%) (YTD: +3.96%)
ADX: 4,946.48 (-0.77%) (YTD: +12.46%)
DFM: 2,739.38 (-0.56%) (YTD: -18.71%)
KSE Premier Market: 5,267.89 (+0.03%)
QE: 10,251.62 (-0.74%) (YTD: +20.28%)
MSM: 4,425.45 (-0.63%) (YTD: -13.21%)
BB: 1,323.21 (+0.67%) (YTD: -0.64%)