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 (Sunday): 12,958 (-1.5%)
Turnover: EGP 398 mn (50% below the 90-day average)
EGX 30 year-to-date: -13.8%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 1.5%. CIB, the index heaviest constituent ended down 2.0%. EGX30’s top performing constituents were Qalaa Holdings up 0.6%, and Juhayna up 0.1%. Yesterday’s worst performing stocks were SODIC down 5.1%, Telecom Egypt down 3.1% and Orascom Construction down 2.9%. The market turnover was EGP 398 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -3.3 mn
Regional: Net Long | EGP +2.2 mn
Domestic: Net Long | EGP +1.1 mn
Retail: 78.2% of total trades | 81.5% of buyers | 74.9% of sellers
Institutions: 21.8% of total trades | 18.5% of buyers | 25.1% of sellers
WTI: USD 45.48 (-0.24%)
Brent: USD 53.61 (-0.39%)
Natural Gas (Nymex, futures prices) USD 3.79 MMBtu, (-0.58%, January 2019 contract)
Gold: USD 1,263.60 / troy ounce (+0.44%)
TASI: 7,730.58 (-0.29%) (YTD: +6.98%)
ADX: 4,817.13 (-0.80%) (YTD: +9.52%)
DFM: 2,478.71 (-1.24%) (YTD: -26.45%)
KSE Premier Market: 5,300.43 (-0.16%)
QE: 10,332.77 (-0.77%) (YTD: +21.23%)
MSM: 4,336.18 (-0.02%) (YTD: -14.96%)
BB: 1,314.17 (+0.02%) (YTD: -1.32%)