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Tuesday, 26 March 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.24 | Sell 17.34
EGP / USD at CIB:
Buy 17.22 | Sell 17.32
EGP / USD at NBE: Buy 17.24 | Sell 17.34

EGX30 (Monday): 14,671 (-1.20%)
Turnover: EGP 684 mn (27% below the 90-day average)
EGX 30 year-to-date: +12.5%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.2%. CIB, the index heaviest constituent ended down 0.4%. EGX30’s top performing constituent was Egypt Kuwait Holding up 1.2%. Yesterday’s worst performing stocks were Kima down 4.1%, Palm Hills down 3.5% and Egyptian Resorts down 3.4%. The market turnover was EGP 684 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -44.2 mn
Regional: Net Short | EGP -7.4 mn
Domestic: Net Long | EGP +51.6 mn

Retail: 53.1% of total trades | 50.9% of buyers | 55.3% of sellers
Institutions: 46.9% of total trades | 49.1% of buyers | 44.7% of sellers

WTI: USD 59.10 (+0.10%)
Brent: USD 67.25 (+0.33%)

Natural Gas (Nymex, futures prices) USD 2.76 MMBtu, (+0.18%, Apr 2019)
Gold: USD 1,328.40 / troy ounce (+0.74%)

TASI: 8,666.69 (+0.23%) (YTD: +10.73%)
ADX: 5,117.94 (+0.45%) (YTD: +4.13%)
DFM: 2,634.29 (+0.60%) (YTD: +4.13)
KSE Premier Market: 5,943.45 (+0.39%)
QE: 9,949.02 (+0.59%) (YTD: -3.40%)
MSM: 4,127.84 (+0.03%) (YTD: -4.53%)
BB: 1,416.00 (-0.47%) (YTD: +5.89%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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