The Market Yesterday
EGP / USD CBE market average: Buy 17.24 | Sell 17.34
EGP / USD at CIB: Buy 17.23 | Sell 17.33
EGP / USD at NBE: Buy 17.24 | Sell 17.34
EGX30 (Tuesday): 14,637 (-0.2%)
Turnover: EGP 832 mn (11% below the 90-day average)
EGX 30 year-to-date: +12.3%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.2%. CIB, the index heaviest constituent ended down 0.4%. EGX30’s top performing constituents were Orascom Development Egypt up 3.6%, Global Telecom up 2.2%, and Orascom Investment Holdings up 2.0%. Yesterday’s worst performing stocks were SODIC down 2.8%, Qalaa Holdings down 2.2% and Pioneers Holding down 1.7%. The market turnover was EGP 832 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -102.3 mn
Regional: Net Short | EGP -7.2 mn
Domestic: Net Long | EGP +109.5 mn
Retail: 57.8% of total trades | 61.0% of buyers | 54.7% of sellers
Institutions: 42.2% of total trades | 39.0% of buyers | 45.3% of sellers
WTI: USD 60.04 (+0.17%)
Brent: USD 68.09 (+0.18%)
Natural Gas (Nymex, futures prices) USD 2.72 MMBtu, (-0.62%, Apr 2019)
Gold: USD 1,323.60 / troy ounce (+0.18%)
TASI: 8,678.88 (+0.14%) (YTD: +10.89%)
ADX: 5,126.86 (+0.17%) (YTD: +4.31%)
DFM: 2,615.17 (-0.73%) (YTD: +3.38%)
KSE Premier Market: 5,900.14 (-0.73%)
QE: 9,935.47 (-0.14%) (YTD: -3.53%)
MSM: 4,049.40 (-1.90%) (YTD: -6.34%)
BB: 1,408.04 (-0.56%) (YTD: +5.29%)