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Sunday, 6 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 (Thursday): 13,265 (+0.5%)
Turnover: EGP 762 mn (4% below the 90-day average)
EGX 30 year-to-date: +1.8%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1.5%. CIB, the index heaviest constituent ended up 0.5%. EGX30’s top performing constituents were Global Telecom up 2.4%, Egypt Aluminum up 2.2%, and Egyptian Resorts up 2.0%. Thursday’s worst performing stocks were Orascom Construction down 1.9%, Elsewedy Electric down 1.3% and Emaar Misr down 0.9%. The market turnover was EGP 762 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -11.2 mn
Regional: Net Long | EGP +4.4 mn
Domestic: Net Long | EGP +6.8 mn

Retail: 70.9% of total trades | 70.4% of buyers | 71.5% of sellers
Institutions: 29.1% of total trades | 29.6% of buyers | 28.5% of sellers

WTI: USD 47.96 (+1.85%)
Brent: USD 57.06 (+1.98%)

Natural Gas (Nymex, futures prices) USD 3.04 MMBtu, (+3.36%, Feb 2019)
Gold: USD 1,285.80/ troy ounce (-0.70%)

TASI: 7,830.47 (+0.51%) (YTD: +0.05%)
ADX: 4,898.20 (+0.65%) (YTD: -0.34%)
DFM: 2,526.02 (+0.22%) (YTD: -0.15%)
KSE Premier Market: 5,340.51 (+0.67%)
QE: 10,350.35 (+0.68%) (YTD: +0.50%)
MSM: 4,275.62 (-0.61%) (YTD: -1.11%)
BB: 1,325.76 (-0.28%) (YTD: -0.86%)

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