The Market Yesterday
EGP / USD CBE market average: Buy 17.27 | Sell 17.37
EGP / USD at CIB: Buy 17.26 | Sell 17.36
EGP / USD at NBE: Buy 17.26 | Sell 17.36
EGX30 (Thursday): 15,198 (+0.2%)
Turnover: EGP 854 mn (7% below the 90-day average)
EGX 30 year-to-date: +16.6%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.9%. EGX30’s top performing constituents were Heliopolis Housing up 4.7%, Cairo Investment & Real Estate Development up 3.9%, and Oriental Weavers up 3.0%. Thursday’s worst performing stocks were Ezz Steel down 6.4%, GB Auto down 2.6% and Eastern Co. down 2.4%. The market turnover was EGP 854 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +61.0 mn
Regional: Net Short | EGP -0.1 mn
Domestic: Net Short | EGP -61.0 mn
Retail: 57.1% of total trades | 56.2% of buyers | 58.0% of sellers
Institutions: 42.9% of total trades | 43.8% of buyers | 42.0% of sellers
WTI: USD 63.08 (+1.58%)
Brent: USD 70.34 (+1.35%)
Natural Gas (Nymex, futures prices) USD 2.66 MMBtu, (+0.79%, May 2019)
Gold: USD 1,295.60 / troy ounce (+0.10%)
TASI: 9,063.88 (+0.87%) (YTD: +15.81%)
ADX: 5,032.19 (-0.33%) (YTD: +2.38%)
DFM: 2,776.29 (+0.57%) (YTD: +9.75%)
KSE Premier Market: 6,137.71 (+1.21%)
QE: 10,189.56 (+0.28%) (YTD: -1.06%)
MSM: 3,939.54 (-0.54%) (YTD: -8.89%)
BB: 1,419.30 (+0.05%) (YTD: +6.14%)