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 (Tuesday): 12,664 (+1.5%)
Turnover: EGP 914 mn (15% above the 90-day average)
EGX 30 year-to-date: -15.7%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.5%. CIB, the index heaviest constituent ended up 1.8%. EGX30’s top performing constituents were Global Telecom up 8.1%, and SODIC up 3.8%, and Elsewedy Electric up 3.8%. Yesterday’s worst performing stocks were Eastern Co. down 2.2%, Telecom Egypt down 1.3% and Ezz Steel down 0.1%. The market turnover was EGP 914 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +11.3 mn
Regional: Net Short | EGP -63.5 mn
Domestic: Net Long | EGP +52.2 mn
Retail: 46.3% of total trades | 46.0% of buyers | 46.5% of sellers
Institutions: 53.7% of total trades | 54.0% of buyers | 53.5% of sellers
WTI: USD 52.02 (+0.72%)
Brent: USD 60.20 (+0.38%)
Natural Gas (Nymex, futures prices) USD 4.39 MMBtu, (-0.48%, January 2019 contract)
Gold: USD 1,248.30 / troy ounce (+0.09%)
TASI: 7,838.94 (+0.25%) (YTD: +8.48%)
ADX: 4,815.91 (+0.56%) (YTD: +9.49%)
DFM: 2,535.46 (+1.42%) (YTD: -24.77%)
KSE Premier Market: 5,406.6 (+0.09%)
QE: 10,482.14 (-0.70%) (YTD: +22.98%)
MSM: 4,497.64 (-0.13%) (YTD: -11.80%)
BB: 1,317.89 (+0.01%) (YTD: -1.04%)