The Market Yesterday
EGP / USD CBE market average: Buy 17.87 | Sell 17.96
GP / USD at CIB: Buy 17.89 | Sell 17.96
EGP / USD at NBE: Buy 17.78 | Sell 17.88
EGX30 (Sunday): 13,343 (+0.6%)
Turnover: EGP 571 mn (28% below the 90-day average)
EGX 30 year-to-date: +2.4%
THE MARKET ON SUNDAY: The EGX30 ended Monday’s session up 0.6%. CIB, the index heaviest constituent ended up 0.3%. EGX30’s top performing constituents were Egypt Aluminum up 4.4%, Orascom Construction up 3.2%, and Sidi Kerir Petrochemicals up 2.4%. Monday’s worst performing stocks were Egyptian Iron & Steel down 0.5%, Arab Cotton Ginning down 0.1% and TMG Holding down 0.1%. The market turnover was EGP 571 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -11.9 mn
Regional: Net Short | EGP -17.4 mn
Domestic: Net Long | EGP +29.3 mn
Retail: 70.9% of total trades | 73.1% of buyers | 68.7% of sellers
Institutions: 29.1% of total trades | 26.9% of buyers | 31.3% of sellers
WTI: USD 48.70 (+0.37%)
Brent: USD 57.33 (+0.47%)
Natural Gas (Nymex, futures prices) USD 2.97 MMBtu, (+0.92%, Feb 2019 contract)
Gold: USD 1,289.20 / troy ounce (-0.05%)
TASI: 8,047.58 (+1.45%) (YTD: +2.82%)
ADX: 4,934.29 (+0.62%) (YTD: +0.39%)
DFM: 2,534.80 (+0.14%) (YTD: +0.20%)
KSE Premier Market: 5,402.64 (+0.47%)
QE: 10,494.22 (+1.37%) (YTD: +1.90%)
MSM: 4,312.25 (+0.23%) (YTD: -0.27%)
BB: 1,330.85 (+0.01%) (YTD: -0.48%)