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 (Thursday): 13,320 (+0.1%)
Turnover: EGP 1.8 bn (126% above the 90-day average)
EGX 30 year-to-date: -11.3%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.1%. CIB, the index heaviest constituent ended up 0.6%. EGX30’s top performing constituents were Eastern Co. up 3.8%, and EFG Hermes up 1.5%, and Ibnsina Pharma up 1.4%. Thursday’s worst performing stocks were TMG Holding down 4.0%, Egyptian Iron & Steel down 2.5% and Porto Group down 2.0%. The market turnover was EGP 1.8 bn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +179.1 mn
Regional: Net Short | EGP -225.4 mn
Domestic: Net Long | EGP +46.3 mn
Retail: 32.3% of total trades | 33.3% of buyers | 31.3% of sellers
Institutions: 67.7% of total trades | 66.7% of buyers | 68.7% of sellers
WTI: USD 50.93 (-1.01%)
Brent: USD 59.46 (-0.75%)
Natural Gas (Nymex, futures prices) USD 4.61 MMBtu, (-0.73%, January 2019 contract)
Gold: USD 1,226.0 / troy ounce (-0.36%)
TASI: 7,702.99 (+0.92%) (YTD: +6.60%)
ADX: 4,770.08 (-2.27%) (YTD: +8.45%)
DFM: 2,668.66 (-0.61%) (YTD: -20.81%)
KSE Premier Market: 5,317.81 (-0.42%)
QE: 10,364.54 (+0.34%) (YTD: +21.60%)
MSM: 4,412.06 (+0.37%) (YTD: -13.48%)
BB: 1,328.81 (+0.30%) (YTD: -0.22%)