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Wednesday, 23 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 17.87 | Sell 17.96
EGP / USD at NBE: Buy 17.79 | Sell 17.89

EGX30 (Tuesday): 13,475 (-0.7%)
Turnover: EGP 623 mn (22% below the 90-day average)
EGX 30 year-to-date: +3.4%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday's session down 0.7%. CIB, the index heaviest constituent ended down 1.0%. EGX30’s top performing constituents were Egypt Kuwait Holding up 3.1%, Pioneers Holding up 2.1%, and TMG Holding up 0.5%. Yesterday’s worst performing stocks were Egypt Aluminum down 3.3% , Porto Group down 3.3% and Qalaa Holding down 2.9%. The market turnover was EGP 623 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -62.2 mn
Regional: Net Short | EGP -9.6 mn
Domestic: Net Long | EGP +71.8 mn

Retail: 69.1% of total trades | 73.9% of buyers | 64.3% of sellers
Institutions: 30.9% of total trades | 26.1% of buyers | 35.7% of sellers

WTI: USD 52.57 (-2.29%)
Brent: USD 61.49 (-1.99%)

Natural Gas (Nymex, futures prices) USD 3.06 MMBtu, (-12.15%, Feb 2019 contract)
Gold: USD 1,284.60 / troy ounce (+0.16%)

TASI: 8,399.40 (+7.32%) (YTD: -0.03%)
ADX: 4,956.02 (+0.01%) (YTD: +0.83%)
DFM: 2,493.92 (-0.20%) (YTD: -1.42%)
KSE Premier Market: 5,500.88 (+0.15%)
QE: 10,687.28 (-0.33%) (YTD: +3.77%)
MSM: 4,181.74 (+0.06%) (YTD: -3.28%)
BB: 1,352.46 (+0.19%) (YTD: +1.14%)

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