The Market Yesterday
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%)