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Wednesday, 3 April 2019

The Market Yesterday

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

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 (Tuesday): 15,166 (+1.4%)
Turnover: EGP 837 mn (9% below the 90-day average)
EGX 30 year-to-date: +16.3%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.4%. CIB, the index heaviest constituent ended up 3.4%. EGX30’s top performing constituents were Cairo Investment & Real Estate Development up 5.5%, CIB up 3.4%, and El Sewedy Electric up 2.3%. Yesterday’s worst performing stocks were Juhayna down 1.7%, Qalaa Holdings down 1.0% and Telecom Egypt down 1.0%. The market turnover was EGP 837 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -83.8 mn
Regional: Net Long | EGP +13.5 mn
Domestic: Net Long | EGP +70.3 mn

Retail: 46.6% of total trades | 40.9% of buyers | 52.2% of sellers
Institutions: 53.4% of total trades | 59.1% of buyers | 47.8% of sellers

WTI: USD 62.58 (+1.61%)
Brent: USD 69.44 (+0.62%)

Natural Gas (Nymex, futures prices) USD 2.69 MMBtu, (-0.70%, May 2019 contract)
Gold: USD 1,296.80 / troy ounce (+0.20%)

TASI: 8,934.69 (+0.43%) (YTD: +14.16%)
ADX: 5,053.51 (-0.04%) (YTD: +2.82%)
DFM: 2,729.86 (+1.22%) (YTD: +7.91%)
KSE Premier Market: 6,064.36 (+1.01%)
QE: 10,201.18 (+0.46%) (YTD: -0.95%)
MSM: 3,939.54 (-0.54%) (YTD: -8.89%)
BB: 1,403.59 (+0.24%) (YTD: +4.96%)

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