The Market Yesterday
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 17.79 | Sell 17.89
EGX30 (Sunday): 13,526 (+1.2%)
Turnover: EGP 789 mn (1% below the 90-day average)
EGX 30 year-to-date: +3.8%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.2%. Index heavyweight CIB ended up 2.7%. EGX30’s top performing constituents were SODIC up 3.4%, CIB up 2.7%, and Madinet Nasr Housing up 2.5%. Yesterday’s worst performing stocks were Global Telecom down 4.9%, Emaar Misr down 0.9% and Egyptian Resorts down 0.9%. The market turnover was EGP 789 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -33.5 mn
Regional: Net Short | EGP -14.0 mn
Domestic: Net Long | EGP +47.5 mn
Retail: 72.9% of total trades | 74.6% of buyers | 71.2% of sellers
Institutions: 27.1% of total trades | 25.4% of buyers | 28.8% of sellers
WTI: USD 51.90 (+0.60%)
Brent: USD 60.85 (+0.61%)
Natural Gas (Nymex, futures prices) USD 3.33 MMBtu, (+7.49%, Feb 2019)
Gold: USD 1,288.30 / troy ounce (-0.09%)
TASI: 8,291.66 (+0.99%) (YTD: +5.94%)
ADX: 4,968.68 (+0.13%) (YTD: +1.09%)
DFM: 2,537.68 (-0.31%) (YTD: +0.31%)
KSE Premier Market: 5,473.47 (+0.37%)
QE: 10,653.57 (-0.04%) (YTD: +3.44%)
MSM: 4,304.19 (-0.15%) (YTD: -0.45%)
BB: 1,344.45 (+0.54%) (YTD: +0.20%)