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Tuesday, 16 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 17.25 | Sell 17.35

EGX30 (Monday): 15,055 (-0.1%)
Turnover: EGP 581 mn (34% below the 90-day average)
EGX 30 year-to-date: +15.5%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.1%. CIB, the index heaviest constituent ended down 0.2%. EGX30’s top performing constituents were Ezz Steel up 2.8%, Eastern Co up 1.3%, and TMG Holding up 0.8%. Yesterday’s worst performing stocks were Kima down 0.8%, Oriental Weavers down 0.3% and GB Auto down 0.2%. The market turnover was EGP 581 mn, and domestic investors were the sole net sellers.

Foreigners: Net Long | EGP +12.1 mn
Regional: Net Long | EGP +0.4 mn
Domestic: Net Short | EGP -12.5 mn

Retail: 48.2% of total trades | 44.1% of buyers | 52.4% of sellers
Institutions: 51.8% of total trades | 55.9% of buyers | 47.6% of sellers

WTI: USD 63.57 (-0.50%)
Brent: USD 71.26 (-0.41%)

Natural Gas (Nymex, futures prices) USD 2.59 MMBtu, (-2.71%, May 2019 contract)
Gold: USD 1,290.80 / troy ounce (-0.34%)

TASI: 9,088.13 (+0.36%) (YTD: +16.12%)
ADX: 5,222.23 (+0.93%) (YTD: +6.25%)
DFM: 2,805.04 (-0.14%) (YTD: -0.75%)
KSE Premier Market: 6,135.92 (+0.21%)
QE: 10,221.52 (-0.14%) (YTD: -0.75%)
MSM: 4,011.58 (+0.52%) (YTD: -7.22%)
BB: 1,441.27 (-0.26%) (YTD: +7.78%)

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