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Monday, 8 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 17.26 | Sell 17.36
EGP / USD at NBE: Buy 17.26 | Sell 17.36

EGX30 (Sunday): 15,135 (-0.7%)
Turnover: EGP 347 mn (62% below the 90-day average)
EGX 30 year-to-date: +16.1%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.7%. CIB, the index heaviest constituent ended down 1.2%. The EGX30’s top performing constituents were Egyptian Iron & Steel up 2.8%, Egyptian Resorts up 2.5%, and Emaar Misr up 2.3%. Yesterday’s worst performing stocks were Orascom Investment Holding down 4.9%, Qalaa Holdings down 2.3% and Ezz Steel down 1.9%. The market turnover was EGP 347 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -14.7 mn
Regional: Net Long | EGP +8.6 mn
Domestic: Net Long | EGP +6.1 mn

Retail: 77.9% of total trades | 80.7% of buyers | 75.2% of sellers
Institutions: 22.1% of total trades | 19.3% of buyers | 24.8% of sellers

WTI: USD 63.46 (+0.60%)
Brent: USD 70.72 (+0.54%)

Natural Gas (Nymex, futures prices) USD 2.67 MMBtu, (+0.30%, May 2019)
Gold: USD 1,297.30 / troy ounce (+0.52%)

TASI: 9,011.11 (-0.58%) (YTD: +15.13%)
ADX: 5,052.49 (+0.40%) (YTD: +2.80%)
DFM: 2,780.95 (+0.17%) (YTD: +9.93%)
KSE Premier Market: 6,222.39 (+1.38%)
QE: 10,192.19 (+0.03%) (YTD: -1.04%)
MSM: 3,970.49 (+0.79%) (YTD: -8.17%)
BB: 1,440.32 (+1.48%) (YTD: +7.71%)

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