The Market Yesterday
EGP / USD CBE market average: Buy 17.56 | Sell 17.66
EGP / USD at CIB: Buy 17.55 | Sell 17.65
EGP / USD at NBE: Buy 17.55 | Sell 17.65
EGX30 (Monday): 14,785 (+0.1%)
Turnover: EGP 928 mn (7% above the 90-day average)
EGX 30 year-to-date: +13.4%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.1%. CIB, the index heaviest constituent ended up 0.9%. EGX30’s top performing constituents were Oriental Weavers up 3.5%, Pioneers Holding up 2.0%, and Kima up 1.9%. Yesterday’s worst performing stocks were GB Auto down 3.5%, Egyptian Resorts down 2.4% and Ezz Steel down 1.6%. The market turnover was EGP 928 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +49.0 mn
Regional: Net Short | EGP -36.1 mn
Domestic: Net Short| EGP -12.9 mn
Retail: 58.0% of total trades | 55.5 % of buyers | 60.5% of sellers
Institutions: 42.0% of total trades | 44.5% of buyers | 39.5% of sellers
WTI: USD 52.46 (-0.49%)
Brent: USD 61.56 (-0.87%)
Natural Gas (Nymex, futures prices) USD 2.65 MMBtu, (+2.48%, Mar 2019)
Gold: USD 1,311.60 / troy ounce (-0.52%)
TASI: 8,543.39 (-0.35%) (YTD: +9.16%)
ADX: 5,046.46 (-0.70%) (YTD: +2.67%)
DFM: 2,496.35 (-1.32%) (YTD: -1.32%)
KSE Premier Market: 5,456.73 (+0.27%)
QE: 10,302.41 (-1.33%) (YTD: +0.03%)
MSM: 4,141.54 (-0.41%) (YTD: -4.21%)
BB: 1,398.65 (-0.78%) (YTD: +4.59%)