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Sunday, 27 January 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.86 | Sell 17.95

EGP / USD at CIB: Buy 17.84 | Sell 17.94
EGP / USD at NBE: Buy 17.79 | Sell 17.89

EGX30 (Wednesday): 13,507 (+0.2%)
Turnover: EGP 691 mn (14% below the 90-day average)
EGX 30 year-to-date: +3.6%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up +0.2%. CIB, the index heaviest constituent ended up 2.4%. EGX30’s top performing constituents were CIB up 2.4%, QNB Al Ahli up 2.3%, and Elsewedy Electric up 1.7%. Wednesday’s worst performing stocks were AMOC down 7.3%, Heliopolis Housing down 3.3% and EK Holding down 2.6%. The market turnover was EGP 691 mn, and local investors were the sole net sellers.

Foreigners: Net Long | EGP +20.8 mn
Regional: Net Long | EGP +2.3 mn
Domestic: Net Short | EGP -23.1 mn

Retail: 51.7% of total trades | 54.0% of buyers | 49.5% of sellers
Institutions: 48.3% of total trades | 46.0% of buyers | 50.5% of sellers

WTI: USD 53.69 (+1.05%)
Brent: USD 61.64 (+0.90%)

Natural Gas (Nymex, futures prices) USD 3.18 MMBtu, (+2.55%, Feb 2019)
Gold: USD 1,304.20 / troy ounce (+1.42%)

TASI: 8,434.89 (-0.37%) (YTD: +7.77%)
ADX: 5,019.16 (+0.97%) (YTD: +2.12%)
DFM: 2,514.36 (-0.10%) (YTD: -0.61%)
KSE Premier Market: 5,493.20 (+0.21%)
QE: 10,712.39 (+0.58%) (YTD: +4.01%)
MSM: 4,180.14 (+0.34%) (YTD: -3.32%)
BB: 1,374.16 (+0.92%) (YTD: +2.76%)

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