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 (Sunday): 12,992 (0.0%)
Turnover: EGP 543 mn (32% below the 90-day average)
EGX 30 year-to-date: -13.5%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session flat at 0.0%. CIB, the index heaviest constituent ended down 1.1%. EGX30’s top performing constituents were Heliopolis Housing up 5.6%, and SODIC up 4.5%, and Telecom Egypt up 4.4%. Yesterday’s worst performing stocks were Abu Qir Fertilizers down 2.6%, Galaa Holding down 2.4% and Ibnsina Pharma down 1.9%. The market turnover was EGP 543 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +13.2 mn
Regional: Net Short | EGP -11.1 mn
Domestic: Net Short | EGP -2.1 mn
Retail: 74.4% of total trades | 76.2% of buyers | 72.5% of sellers
Institutions: 25.6% of total trades | 23.8% of buyers | 27.5% of sellers
WTI: USD 51.20 (-2.62%)
Brent: USD 60.28 (-1.90%)
Natural Gas (Nymex, futures prices) USD 3.83 MMBtu, (-7.20%, January 2019 contract)
Gold: USD 1,241.40 / troy ounce (-0.48%)
TASI: 7,908.07 (-0.08%) (YTD: +9.43%)
ADX: 4,831.15 (-0.63%) (YTD: +9.84%)
DFM: 2,556.68 (-1.63%) (YTD: -24.14%)
KSE Premier Market: 5,406.94 (+0.36%)
QE: 10,496.50 (+0.39%) (YTD: +23.15%)
MSM: 4,416.90 (-0.70%) (YTD: -13.38%)
BB: 1,319.32 (-0.07%) (YTD: -0.93%)