The Market Yesterday
EGP / USD CBE market average: Buy 17.65 | Sell 17.75
EGP / USD at CIB: Buy 17.65 | Sell 17.75
EGP / USD at NBE: Buy 17.65 | Sell 17.75
EGX30 (Sunday): 13,817 (+2.3%)
Turnover: EGP 777 mn (3% below the 90-day average)
EGX 30 year-to-date: +6.0%
THE MARKET ON SUNDAY: The EGX30 ended Sunday session up 2.3%. CIB, the index heaviest constituent ended up 2.4%. EGX30’s top performing constituents were Global Telecom up 9.9%, and SODIC up 6.7%, and Egyptian Resorts up 6.5%. Yesterday’s worst performing stock was Egyptian Kuwait Holding down 2.1%. The market turnover was EGP 777 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -14.6 mn
Regional: Net Short | EGP -113.6 mn
Domestic: Net Long | EGP +128.2 mn
Retail: 58.9% of total trades | 57.3% of buyers | 60.5% of sellers
Institutions: 41.1% of total trades | 42.7% of buyers | 39.5% 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 contract)
Gold: USD 1,304.20 / troy ounce (+1.42%)
TASI: 8,509.43 (+0.88%) (YTD: +8.72%)
ADX: 5,020.62 (+0.03%) (YTD: +2.15%)
DFM: 2,539.64 (+1.01%) (YTD: +0.39%)
KSE Premier Market: 5,425.74 (-1.23%)
QE: 10,668.14 (-0.41%) (YTD: +3.58%)
MSM: 4,166.38 (-0.33%) (YTD: -3.64%)
BB: 1,390.89 (+1.22%) (YTD: +4.01%)