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Tuesday, 12 February 2019

The Market Yesterday

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

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%)

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. © 2018 Enterprise Ventures LLC.