The Market Yesterday
EGP / USD CBE market average: Buy 17.51 | Sell 17.61
EGP / USD at CIB: Buy 17.49 | Sell 17.59
EGP / USD at NBE: Buy 17.49 | Sell 17.59
EGX30 (Monday): 15,277 (+0.2%)
Turnover: EGP 1.3 bn (47% above the 90-day average)
EGX 30 year-to-date: +16.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.3%. EGX30’s top performing constituents were Madinet Nasr housing up 2.4%, Telecom Egypt up 2.3%, and Sarwa Capital Holding up 1.5%. Yesterday’s worst performing stocks were Egyptian Iron and Steel down 2.2%, Ezz Steel down 1.9% and Juhayna down 1.6%. The market turnover was EGP 1.3 bn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -50.4 mn
Regional: Net Long | EGP +65.2 mn
Domestic: Net Short | EGP -14.8 mn
Retail: 60.2% of total trades | 60.8% of buyers | 59.6% of sellers
Institutions: 39.8% of total trades | 39.2% of buyers | 40.4% of sellers
WTI: USD 56.06 (+0.85%)
Brent: USD 66.49 (+0.36%)
Natural Gas (Nymex, futures prices) USD 2.63 MMBtu, (+0.19%, March 2019)
Gold: USD 1,329.70 / troy ounce (+0.57%)
TASI: 8,569.83 (-0.26%) (YTD: +9.49%)
ADX: 5,039.69 (-0.58%) (YTD: +2.54%)
DFM: 2,550.52 (+0.02%) (YTD: +0.82%)
KSE Premier Market: 5,421.86 (-0.09%)
QE: 10,034.24 (+0.24%) (YTD: -2.80%)
MSM: 4,073.96 (-0.07%) (YTD: -5.78%)
BB: 1,379.41 (-0.09%) (YTD: +3.15%)