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Wednesday, 13 March 2019

The Market Yesterday

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Pharos Holding -

EGP / USD CBE market average: Buy 17.38 | Sell 17.48
Buy 17.38 | Sell 17.48
EGP / USD at NBE: Buy 17.38 | Sell 17.48

EGX30 (Tuesday): 15,140 (+0.3%)
Turnover: EGP 1.2 bn (28% above the 90-day average)
EGX 30 year-to-date: +16.1%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.3%. CIB, the index heaviest constituent ended up 0.1%. EGX30’s top performing constituents were SODIC up 5.4%, GB Auto up 3.6%, and Oriental Weavers up 2.6%. Yesterday’s worst performing stocks were Palm Hills down 1.4%, Ezz Steel down 0.9% and Qalaa Holdings down 0.7%. The market turnover was EGP 1.2 bn, and regional investors were the sole net buyers.

Foreigners: Net Short | EGP -27.9 mn
Regional: Net Long | EGP +77.4 mn
Domestic: Net Short | EGP -49.5 mn

Retail: 51.5% of total trades | 46.8% of buyers | 56.2% of sellers
Institutions: 48.5% of total trades | 53.2% of buyers | 43.8% of sellers

WTI: USD 57.17 (+0.53%)
Brent: USD 66.67 (+0.14%)

Natural Gas (Nymex, futures prices) USD 2.79 MMBtu, (+0.32%, Apr 2019)
Gold: USD 1,301.60 / troy ounce (+0.27%)

TASI: 8,446.07 (+0.23%) (YTD: +7.91%)
ADX: 4,861.68 (-0.18%) (YTD: -1.09%)
DFM: 2,598.48 (+0.25%) (YTD: -2.72%)
KSE Premier Market: 5,601.78 (+0.34%)
QE: 9,765.88 (+0.22%) (YTD: -5.18%)
MSM: 4,082.68 (-0.07%) (YTD: -5.58%)
BB: 1,405.00 (-0.10%) (YTD: +5.07%)

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