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Sunday, 24 February 2019

The Market Yesterday

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Pharos Holding -

EGP / USD CBE market average: Buy 17.49 | Sell 17.59

EGP / USD at CIB: Buy 17.49 | Sell 17.59
EGP / USD at NBE: Buy 17.47 | Sell 17.57

EGX30 (Thursday): 15,147 (-0.4%)
Turnover: EGP 989 mn (10% above the 90-day average)
EGX 30 year-to-date: +16.2%

THE MARKET ON THURSDAY: The EGX30 ended Thursday's session down 0.4%. CIB, the index heaviest constituent ended down 0.7%. EGX30’s top performing constituents were Eastern Co up 2.7%, Madinet Nasr Housing up 1.5%, and SODIC up 1.1%. Thursday’s worst performing stocks were Telecom Egypt down 2.9%, Orascom Development Egypt down 2.6% and TMG Holding down 2.2%. The market turnover was EGP 989 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -23.6 mn
Regional: Net Long | EGP +20.9 mn
Domestic: Net Long | EGP +2.7 mn

Retail: 60.8% of total trades | 61.2% of buyers | 60.3% of sellers
Institutions: 39.2% of total trades | 38.8% of buyers | 39.7% of sellers

WTI: USD 57.26 (+0.53%)
Brent: USD 67.12 (+0.07%)

Natural Gas (Nymex, futures prices) USD 2.72 MMBtu, (+0.74%, Mar 2019 contract)
Gold: USD 1,332.80 / troy ounce (+0.38%)

TASI: 8,547.48 (-0.23%) (YTD: +9.21%)
ADX: 5,098.11 (+0.74%) (YTD: +3.72%)
DFM: 2,633.69 (+0.06%) (YTD: +4.11%)
KSE Premier Market: 5,502.33 (+0.39%)
QE: 10,191.50 (+1.13%) (YTD: -1.04%)
MSM: 4,055.57 (+0.04%) (YTD: -6.20%)
BB: 1,404.84 (-0.03%) (YTD: +5.05%)

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