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Thursday, 28 February 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.48 | Sell 17.58

EGP / USD at CIB: Buy 17.47 | Sell 17.57
EGP / USD at NBE: Buy 17.46 | Sell 17.56

EGX30 (Wednesday): 14,772 (-0.8%)
Turnover: EGP 661 mn (27% below the 90-day average)
EGX 30 year-to-date: +13.3%

THE MARKET ON WEDNESDAY: The EGX30 ended yesterday’s session down 0.8%. CIB, the index heaviest constituent ended down 1.2%. EGX30’s top performing constituents were Orascom Investment Holding up 3.0%, Arabia Investments up 1.4%, and Juhayna up 1.3%. Yesterday’s worst performing stocks were Ezz Steel down 3.0%, Arab Cotton Ginning down 2.7% and Pioneers Holding down 2.4%. The market turnover was EGP 661 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +5.3 mn
Regional: Net Short | EGP -11.1 mn
Domestic: Net Long | EGP +5.8 mn

Retail: 71.0% of total trades | 69.7% of buyers | 72.2% of sellers
Institutions: 29.0% of total trades | 30.3% of buyers | 27.8% of sellers

WTI: USD 57.30 (+3.24%)
Brent: USD 66.66 (+2.22%)

Natural Gas (Nymex, futures prices) USD 2.79 MMBtu, (-0.25%, Apr 2019)
Gold: USD 1,322.50 / troy ounce (-0.45%)

TASI: 8,472.50 (+0.19%) (YTD: +8.11%)
ADX: 5,152.02 (+0.24%) (YTD: +4.82%)
DFM: 2,675.80 (-0.30%) (YTD: +5.77%)
KSE Premier Market: 5,538.96 (+0.67%)
QE: 10,136.00 (-1.17%) (YTD: -1.58%)
MSM: 4,112.31 (+0.57%) (YTD: -4.89%)
BB: 1,418.53 (+0.27%) (YTD: +6.08%)

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