The Market Yesterday
EGP / USD CBE market average: Buy 17.27 | Sell 17.37
EGP / USD at CIB: Buy 17.28 | Sell 17.38
EGP / USD at NBE: Buy 17.26 | Sell 17.36
EGX30 (Sunday): 14,738 (+0.5%)
Turnover: EGP 529 mn (43% below the 90-day average)
EGX 30 year-to-date: +13.1%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.5%. CIB, the index heaviest constituent ended up 0.3%. EGX30’s top performing constituents were EFG Hermes up 2.8%, Heliopolis Housing up 2.7%, and TMG Holding up 2.1%. Yesterday’s worst performing stocks were Orascom Development Egypt down 2.2%, Ezz Steel down 2.1% and Emaar Misr down 1.4%. The market turnover was EGP 529 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +35.6 mn
Regional: Net Short| EGP -89.5 mn
Domestic: Net Long | EGP +53.9 mn
Retail: 57.7% of total trades | 59.7% of buyers | 55.7% of sellers
Institutions: 42.3% of total trades | 40.3% of buyers | 44.3% of sellers
WTI: USD 60.34 (+0.33%)
Brent: USD 67.85 (+0.40%)
Natural Gas (Nymex, futures prices) USD 2.67 MMBtu, (+0.40%, May 2019)
Gold: USD 1,296.40 / troy ounce (-0.16%)
TASI: 8,819.44 (+0.35%) (YTD: +12.68%)
ADX: 5,074.65 (-0.52%) (YTD: +3.25%)
DFM: 2,634.86 (+0.14%) (YTD: +4.15%)
KSE Premier Market: 5,986.87 (+0.48%)
QE: 10,107.42 (-0.38%) (YTD: -1.86%)
MSM: 3,983.66 (-0.55%) (YTD: -7.87%)
BB: 1,413.32 (-0.02%) (YTD: +5.69%)