The Market Yesterday
EGP / USD CBE market average: Buy 17.56 | Sell 17.66
EGP / USD at CIB: Buy 17.56 | Sell 17.66
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Wednesday): 14,767 (+0.2%)
Turnover: EGP 1.2 bn (32% above the 90-day average)
EGX 30 year-to-date: +13.3%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.7%. EGX30’s top performing constituents were Juhayna up 4.1%, Palm Hills up 1.6%, and Madinet Nasr Housing up 1.6%. Yesterday’s worst performing stocks were Ezz Steel down 3.4%, Telecom Egypt down 2.0% and Egyptian Resorts down 1.4%. The market turnover was EGP 1.2 bn, and local investors were the sole net sellers.
Foreigners: Net Long | EGP +69.8 mn
Regional: Net Long| EGP +21.7 mn
Domestic: Net Short| EGP -91.5 mn
Retail: 62.8% of total trades | 64.0% of buyers | 61.5% of sellers
Institutions: 37.2% of total trades | 36.0% of buyers | 38.5% of sellers
WTI: USD 53.90 (+0.24%)
Brent: USD 62.57 (+0.95%)
Natural Gas (Nymex, futures prices) USD 2.68 MMBtu, (+0.56%, Mar 2019)
Gold: USD 1,310.60 / troy ounce (-0.65%)
TASI: 8,633.33 (+0.11%) (YTD: +10.31%)
ADX: 5,143.24 (+0.12%) (YTD: +4.64%)
DFM: 2,557.01 (+0.56%) (YTD: +1.08%)
KSE Premier Market: 5,439.82 (-0.22%)
QE: 10,683.94 (-0.29%) (YTD: +3.74%)
MSM: 4,160.91 (-0.20%) (YTD: -3.77%)
BB: 1,408.81 (+0.36%) (YTD: +5.35%)