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Tuesday, 29 January 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.58 | Sell 17.68
EGP / USD at CIB: Buy 17.57 | Sell 17.67
EGP / USD at NBE: Buy 17.58 | Sell 17.68

EGX30 (Monday): 13,911 (+0.7%)
Turnover: EGP 1.2 bn (49% above the 90-day average)
EGX 30 year-to-date: +6.7%

THE MARKET ON MONDAY: The EGX30 ended yesterday’s session up 0.7%. CIB, the index heaviest constituent ended down 0.2%. EGX30’s top performing constituents were Global Telecom up 17.5%, Emaar Misr up 3.8%, and Porto Group up 3.3%. Yesterday’s worst performing stocks were Egyptian Iron & Steel down 2.2%, AMOC down 1.6% and Pioneers Holding down 1.4%. The market turnover was EGP 1.2 bn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +63.7 mn
Regional: Net Short | EGP -2.5 mn
Domestic: Net Short | EGP -61.2 mn

Retail: 56.0% of total trades | 49.1% of buyers | 62.9% of sellers
Institutions: 44.0% of total trades | 50.9% of buyers | 37.1% of sellers

WTI: USD 51.38 (-4.30%)
Brent: USD 59.55 (-3.39%)

Natural Gas (Nymex, futures prices) USD 2.95 MMBtu, (-7.14%, Feb 2019)
Gold: USD 1,308.50 / troy ounce (+0.33%)

TASI: 8,623.93 (+1.35%) (YTD: +10.19%)
ADX: 5,051.07 (+0.61%) (YTD: +2.77%)
DFM: 2,570.94 (+1.23%) (YTD: +1.63%)
KSE Premier Market: 5,394.20 (-0.58%)
QE: 10,704.73 (+0.34%) (YTD: +3.94%)
MSM: 4,159.94 (-0.15%) (YTD: -3.79%)
BB: 1,379.27 (-0.84%) (YTD: +3.14%)

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