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 (Tuesday): 12,671 (-0.9%)
Turnover: EGP 380 mn (52% below the 90-day average)
EGX 30 year-to-date: -15.6%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.9%. CIB, the index heaviest constituent ended down 1.6%. EGX30’s top performing constituents were Emaar Misr up 1.6%, and Abu Qir Fertilizers up 0.3%, and EFG Hermes up 0.3%. Yesterday’s worst performing stocks were Ibnsina Pharma down 2.5%, Egyptian Resorts down 2.1% and QNB Alahli down 1.9%. The market turnover was EGP 380 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -13.3 mn
Regional: Net Short | EGP -6.6 mn
Domestic: Net Long | EGP +19.9 mn
Retail: 77.5% of total trades | 77.9% of buyers | 77.1% of sellers
Institutions: 22.5% of total trades | 22.1% of buyers | 22.9% of sellers
WTI: USD 42.89 (+0.85%)
Brent: USD 50.25 (-0.44%)
Natural Gas (Nymex, futures prices) USD 3.57 MMBtu, (+2.83%, January 2019 contract)
Gold: USD 1,273.00 / troy ounce (+0.09%)
TASI: 7,717.75 (-0.60%) (YTD: +6.80%)
ADX: 4,800.70 (-0.35%) (YTD: +9.15%)
DFM: 2,467.35 (+0.28%) (YTD: -26.79%)
KSE Premier Market: 5,272.84 (-0.59%)
QE: 10,233.88 (-1.29%) (YTD: +20.07%)
MSM: 4,312.94 (-0.76%) (YTD: -15.42%)
BB: 1,313.00 (-0.03%) (YTD: -1.41%)