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 (Monday): 13,049 (-0.8%)
Turnover: EGP 794 mn (2% above the 90-day average)
EGX 30 year-to-date: -13.1%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.8%. CIB, the index heaviest constituent ended down 1.7%. EGX30’s top performing constituents were TMG Holding up 1.8%, and Global Telecom up 1.4%, and Telecom Egypt up 1.4%. Yesterday’s worst performing stocks were Abu Qir Fertilizers down 3.6%, Eastern Co. down 3.2% and Arab Cotton Ginning down 3.1%. The market turnover was EGP 794 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -73.1 mn
Regional: Net Short | EGP -16.8 mn
Domestic: Net Long | EGP +89.9 mn
Retail: 50.5% of total trades | 54.4% of buyers | 46.6% of sellers
Institutions: 49.5% of total trades | 45.6% of buyers | 53.4% of sellers
WTI: USD 51.63 (+2.4%)
Brent: USD 60.35 (+2.64%)
Natural Gas (Nymex, futures prices) USD 4.25 MMBtu, (-1.39%, December 2018 contract)
Gold: USD 1,222.4 / troy ounce (-0.07%)
TASI: 7,528.90 (+0.22%) (YTD: +4.19%)
ADX: 4,971.43 (+0.50%) (YTD: +13.03%)
DFM: 2,727.41 (-0.44%) (YTD: -19.07%)
KSE Premier Market: 5,293.65 (+0.49%)
QE: 10,356.62 (+1.02%) (YTD: +21.51%)
MSM: 4,393.06 (-0.73%) (YTD: +13.85%)
BB: 1,326.85 (+0.28%) (YTD: -0.36%)