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Thursday, 3 January 2019

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 17.87 | Sell 17.96

EGP / USD at CIB: Buy 17.89 | Sell 17.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88

EGX30 (Wednesday): 13,204 (+1.3%)
Turnover: EGP 460 mn (42% below the 90-day average)
EGX 30 year-to-date: +1.3%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 1.3%. CIB, the index heaviest constituent ended up 2.5%. EGX30’s top performing constituents were TMG Holding up 3.3%, CIB up 2.5%, and AMOC up 2.2%. Yesterday’s worst performing stocks were Telecom Egypt down 1.0%, Global Telecom down 0.8% and Egypt Kuwait Holding down 0.2%. The market turnover was EGP 460 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +24.2 mn
Regional: Net Short | EGP -28.8 mn

Domestic: Net Long | EGP +4.5 mn

Retail: 69.7% of total trades | 67.8% of buyers | 71.6% of sellers
Institutions: 30.3% of total trades | 32.2% of buyers | 28.4% of sellers

WTI: USD 46.40 (+2.18%)
Brent: USD 54.85 (+1.95%)

Natural Gas (Nymex, futures prices) USD 2.96 MMBtu, (+0.61%, Feb 2019 contract)
Gold: USD 1,282.10/ troy ounce (+0.06%)

TASI: 7,790.86 (-0.10%) (YTD: -0.46%)
ADX: 4,866.64 (-0.99%) (YTD: -0.99%)
DFM: 2,520.53 (-0.36%) (YTD: -0.36%)
KSE Premier Market: 5,304.96 (+0.71%)
QE: 10,280.34 (-0.18%) (YTD: -0.18%)
MSM: 4,301.88 (-0.73%) (YTD: -0.51%)
BB: 1,329.47 (-0.58%) (YTD: -0.58%)

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