The Market Yesterday
EGP / USD CBE market average: Buy 17.62 | Sell 17.72
EGP / USD at CIB: Buy 17.62 | Sell 17.72
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Monday): 14,366 (+0.9%)
Turnover: EGP 1.0 bn (19% above the 90-day average)
EGX30 year-to-date: +10.2%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.9%. CIB, the index heaviest constituent ended up 2.7%. EGX30’s top performing constituents were Arab Cotton Ginning up 5.2%, Juhayna up 4.3%, and Heliopolis Housing up 4.1%. Yesterday’s worst performing stocks were Ezz Steel down 2.7%, Egyptian Resorts down 2.4% and Telecom Egypt down 2.2%. The market turnover was EGP 1.0 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -61.9 mn
Regional: Net Short | EGP -11.5 mn
Domestic: Net Long | EGP +73.5 mn
Retail: 69.1% of total trades | 60.1% of buyers | 63.7% of sellers
Institutions: 38.1% of total trades | 39.9% of buyers | 36.3% of sellers
WTI: USD 54.27 (-1.79%)
Brent: USD 62.35 (-0.64%)
Natural Gas (Nymex, futures prices) USD 2.67 MMBtu, (-2.23%, Mar 2019)
Gold: USD 1,319.10 / troy ounce (-0.23%)
TASI: 8,520.64 (-0.07%) (YTD: +8.87%)
ADX: 5,128.09 (+1.03%) (YTD: +4.33%)
DFM: 2,529.18 (-0.44%) (YTD: -0.02%)
KSE Premier Market: 5,426.45 (+0.38%)
QE: 10,727.53 (+0.36%) (YTD: +4.16%)
MSM: 4,166.30 (+0.46%) (YTD: -3.64%)
BB: 1,397.55 (+0.10%) (YTD: +4.51%)