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Wednesday, 5 December 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 (Tuesday): 12,625 (-2.4%)
Turnover: EGP 628 mn (21% below the 90-day average)
EGX 30 year-to-date: -15.9%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 2.4%. CIB, the index heaviest constituent ended down 2.7%. EGX30’s top performing constituents were Global Telecom up 1.0%, and Juhayna up 0.1%. Yesterday’s worst performing stocks were Porto Group down 5.6%, AMOC down 5.1% and Elsewedy Electric down 4.9%. The market turnover was EGP 628 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +49.5 mn
Regional: Net Short | EGP -20.7 mn
Domestic: Net Short | EGP -28.8 mn

Retail: 62.2% of total trades | 63.5% of buyers | 60.9% of sellers
Institutions: 37.8% of total trades | 36.5% of buyers | 39.1% of sellers

WTI: USD 52.68 (-1.07%)
Brent: USD 62.08 (+0.63%)

Natural Gas (Nymex, futures prices) USD 4.52 MMBtu, (+1.39%, January 2019 contract)
Gold: USD 1,241.70 / troy ounce (-0.39%)

TASI: 7,905.12 (-0.15%) (YTD: +11.36%)
ADX: 4,898.15 (+2.68%) (YTD: +11.36%)
DFM: 2,675.87 (+0.27%) (YTD: -20.6%)
KSE Premier Market: 5,369.04 (+0.79%)
QE: 10,602.84 (+1.45%) (YTD: +24.40%)
MSM: 4,534.63 (+1.90%) (YTD: -11.07%)
BB: 1,325.43 (0%) (YTD: -0.43%)

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