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Monday, 11 February 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.55 | Sell 17.65
EGP / USD at CIB: Buy 17.56 | Sell 17.66
EGP / USD at NBE: Buy 17.55 | Sell 17.65

EGX30 (Sunday): 14,764 (+0.1%)
Turnover: EGP 757 mn (12% below the 90-day average)
EGX 30 year-to-date: +13.3%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.1%. CIB, the index heaviest constituent ended down 0.4%. EGX30’s top performing constituents were Arab Cotton Ginning up 4.2%, Oriental Weavers up 3.8%, and Global Telecom up 2.6%. Yesterday’s worst performing stocks were Orascom Development down 1.8%, Eastern Co. down 1.3% and KIMA down 1.1%. The market turnover was EGP 757 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +0.3 mn
Regional: Net Short | EGP -34.0 mn
Domestic: Net Long | EGP +33.6 mn

Retail: 66.0% of total trades | 71.1% of buyers | 60.8% of sellers
Institutions: 34.0% of total trades | 28.9% of buyers | 39.2% of sellers

WTI: USD 52.72 (0.15%)
Brent: USD 62.10 (0.76%)

Natural Gas (Nymex, futures prices) USD 2.58 MMBtu, (+1.25%, Mar 2019)
Gold: USD 1,318.50 / troy ounce (+0.33%)

TASI: 8,573.21 (-0.46%) (YTD: +9.54%)
ADX: 5,082.01 (-0.59%) (YTD: +3.40%)
DFM: 2,529.72 (-0.51%) (YTD: -0.00%)
KSE Premier Market: 5,442.18 (+0.05%)
QE: 10,441.21 (-0.61%) (YTD: +1.38%)
MSM: 4,158.49 (+0.16%) (YTD: -3.82%)
BB: 1,409.65 (-0.60%) (YTD: +5.41%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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