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Sunday, 9 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 (Thursday): 12,388 (-1.6%)
Turnover: EGP 590 mn (26% below the 90-day average)
EGX 30 year-to-date: -17.5%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 1.6%. CIB, the index heaviest constituent ended down 2.7%. EGX30’s top performing constituents were Egypt Aluminium up 2.2%, and Ibnsina Pharma up 1.2%, and Abu Qir Fertilizers up 0.04%. Thursday’s worst performing stocks were Madinet Nasr Housing down 4.5%, SODIC down 3.1% and Global Telecom down 2.9%. The market turnover was EGP 590 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +31.6 mn
Regional: Net Short | EGP -22.6 mn
Domestic: Net Short | EGP -9.0 mn

Retail: 57.1% of total trades | 64.3% of buyers | 49.8% of sellers
Institutions: 42.9% of total trades | 35.7% of buyers | 50.2% of sellers

WTI: USD 52.61 (+2.18%)
Brent: USD 61.67 (+2.68%)

Natural Gas (Nymex, futures prices) USD 4.49 MMBtu, (+3.72%, January 2019 contract)
Gold: USD 1,252.60 / troy ounce (+0.72%)

TASI: 7,848.98 (-0.44%) (YTD: +8.62%)
ADX: 4,876.68 (+0.96%) (YTD: +10.87%)
DFM: 2,580.7 (-1.97%) (YTD: -23.44%)
KSE Premier Market: 5,435.29 (+0.84%)
QE: 10,598.40 (+0.08%) (YTD: +24.35%)
MSM: 4,548.72 (-0.08%) (YTD: -10.80%)
BB: 1,320.04 (-0.17%) (YTD: -0.88%)

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