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Monday, 21 January 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.88 | Sell 17.96

EGP / USD at CIB: Buy 17.88 | Sell 17.96

EGP / USD at NBE: Buy 17.79 | Sell 17.89

EGX30 (Sunday): 13,444 (-0.3%)
Turnover: EGP 396 mn (51% below the 90-day average)
EGX 30 year-to-date: +3.1%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.3%. CIB, the index heaviest constituent ended up 0.2%. EGX30’s top performing constituents were QNB Alahli up 6.8%, Egypt Aluminum up 2.2%, and Orascom Investment Holding up 1.4%. Yesterday’s worst performing stocks were Global Telecom Holding down 3.6%, Porto Group down 2.4% and Ezz Steel down 2.1%. The market turnover was EGP 396 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -48.8 mn
Regional: Net Short | EGP -3.8 mn
Domestic: Net Long | EGP +52.6 mn

Retail: 70.4% of total trades | 71.2% of buyers | 69.6% of sellers
Institutions: 29.6% of total trades | 28.8% of buyers | 30.4% of sellers

WTI: USD 53.80 (+3.32%)
Brent: USD 62.70 (+2.48%)

Natural Gas (Nymex, futures prices) USD 3.48 MMBtu, (+2.02%, Feb 2019 contract)
Gold: USD 1,282.60 / troy ounce (-0.75%)

TASI: 8,383.52 (-0.76%) (YTD: +7.11%)
ADX: 4,975.31 (-0.20%) (YTD: +1.23%)
DFM: 2,512.83 (-0.16%) (YTD: -0.67%)
KSE Premier Market: 5,494.22 (+0.25%)
QE: 10,760.23 (-0.26%) (YTD: +4.48%)
MSM: 4,202.68 (-0.80%) (YTD: -2.80%)
BB: 1,347.62 (+0.48%) (YTD: +0.77%)

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