The Market Yesterday
EGP / USD CBE market average: Buy 17.88 | Sell 17.96
EGP / USD at CIB: Buy 17.87 | Sell 17.96
EGP / USD at NBE: Buy 17.79 | Sell 17.89
EGX30 (Monday): 13,575 (+1.0%)
Turnover: EGP 742 mn (7% below the 90-day average)
EGX 30 year-to-date: +4.1%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.0%. CIB, the index heaviest constituent ended up 2.1%. EGX30’s top performing constituents were Egypt Kuwait Holding up 6.2%, and EFG Hermes up 2.2%, and CIB up 2.1%. Yesterday’s/Thursday’s worst performing stocks were Egypt Aluminum down 4.5%, Porto Group down 2.4% and SODIC down 2.2%. The market turnover was EGP 742 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -66.5 mn
Regional: Net Long | EGP +33.8 mn
Domestic: Net Long | EGP +32.7 mn
Retail: 54.5% of total trades | 56.0% of buyers | 53.0% of sellers
Institutions: 45.5% of total trades | 44.0% of buyers | 47.0% of sellers
WTI: USD 53.90 (+0.19%)
Brent: USD 62.83 (+0.21%)
Natural Gas (Nymex, futures prices) USD 3.24 MMBtu, (-7.09%, Feb 2019 contract)
Gold: USD 1,279.60 / troy ounce (-0.23%)
TASI: 8,402.04 (+0.22%) (YTD: +7.35%)
ADX: 4,955.74 (-0.39%) (YTD: +0.83%)
DFM: 2,498.82 (-0.56%) (YTD: -1.22%)
KSE Premier Market: 5,492.79 (-0.03%)
QE: 10,722.14 (-0.35%) (YTD: +4.11%)
MSM: 4,179.08 (-0.56%) (YTD: -3.35%)
BB: 1,349.86 (+0.17%) (YTD: +0.94%)