The Market Yesterday
EGP / USD CBE market average: Buy 17.28 | Sell 17.38
EGP / USD at CIB: Buy 17.27 | Sell 17.37
EGP / USD at NBE: Buy 17.28 | Sell 17.38
EGX30 (Monday): 14,911 (-0.82%)
Turnover: EGP 983 mn (4% above the 90-day average)
EGX 30 year-to-date: +14.38%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.82%. CIB, the index’s heaviest constituent, ended down 1.6%. EGX30’s top performing constituents were SODIC up 1.2%, Juhayna up 0.9%, and Heliopolis Housing up 0.5%. Yesterday’s worst performing stocks were Orascom Investment Holding down 3.3%, Arab Cotton Ginning down 2.7% and Ezz Steel down 2.6%. The market turnover was EGP 983 mn, and local investors were the sole net sellers.
Foreigners: Net long | EGP +4.0 mn
Regional: Net long | EGP +9.7 mn
Domestic: Net short | EGP -13.7 mn
Retail: 44.0% of total trades | 47.2% of buyers | 40.7% of sellers
Institutions: 56.0% of total trades | 52.8% of buyers | 59.3% of sellers
WTI: USD 59.09 (+0.97%)
Brent: USD 67.41 (+0.37%)
Natural Gas (Nymex, futures prices) USD 2.85 MMBtu, (+1.97%, April 2019 contract)
Gold: USD 1,301.50 / troy ounce (0.07%)
TASI: 8,653.16 (+1.05%) (YTD: 10.56%)
ADX: 5,066.74 (+1.80%) (YTD: +3.09%)
DFM: 2,619.82 (+1.63%) (YTD: +3.56%)
KSE Premier Market: 5,689.30 (+0.26%)
QE: 9,972.68 (+1.11%) (YTD: -3.17%)
MSM: 4,128.16 (+1.01%) (YTD: -4.52%)
BB: 1,413.32 (+0.24%) (YTD: +5.69%)