The Market Yesterday
EGP / USD CBE market average: Buy 17.86 | Sell 17.95
EGP / USD at CIB: Buy 17.89 | Sell 17.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Thursday): 13,138 (+0.5%)
Turnover: EGP 925 mn (14% above the 90-day average)
EGX 30 year-to-date: -12.5%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.5%. CIB, the index heaviest constituent ended up 2.1%. EGX30’s top performing constituents were CIB up 2.1%, and Egypt Kuwait Holding up 2.0%, and Orascom Construction up 1.4%. Thursday’s worst performing stocks were Arab Cotton Ginning down 2.8%, Egyptian Iron & Steel down 2.6% and Qalaa Holdings down 2.5%. The market turnover was EGP 925 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +77.3 mn
Regional: Net Short | EGP -18.9 mn
Domestic: Net Short | EGP -58.4 mn
Retail: 43.5% of total trades | 42.4% of buyers | 44.7% of sellers
Institutions: 56.5% of total trades | 57.6% of buyers | 55.3% of sellers
WTI: USD 45.59 (-0.63%)
Brent: USD 53.82 (-0.98%)
Natural Gas (Nymex, futures prices) USD 3.82 MMBtu, (+6.50%, January 2019 contract)
Gold: USD 1,258.10 / troy ounce (-0.77%)
TASI: 7,753.36 (-1.36%) (YTD: +7.29%)
ADX: 4,855.94 (-0.08%) (YTD: +10.40%)
DFM: 2,509.81 (-1.35%) (YTD: -25.53%)
KSE Premier Market: 5,308.88 (-1.1%)
QE: 10,412.51 (-0.80%) (YTD: +22.16%)
MSM: 4,336.84 (+0.00%) (YTD: -14.95%)
BB: 1,313.95 (-0.04%) (YTD: -1.33%)