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Thursday, 18 April 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.21 | Sell 17.31

EGP / USD at CIB: Buy 17.20 | Sell 17.30
EGP / USD at NBE: Buy 17.20 | Sell 17.30

EGX30 (Wednesday): 14,864 (-0.7%)
Turnover: EGP 437 mn (49% below the 90-day average)
EGX 30 year-to-date: +14.0%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.7%. CIB, the index heaviest constituent ended down 0.9%. EGX30’s top performing constituents were GB Auto up 0.7%, Sarwa Capital Holding up 0.65%, and Ezz Steel up 0.5%. Yesterday’s worst performing stocks were Elsewedy Electric down 3.2%, Arab Cotton Ginning down 2.4%, and Heliopolis Housing down 2.1%. The market turnover was EGP 437 mn, and local investors were the sole net sellers.

Foreigners: Net Long | EGP +2.0 mn
Regional: Net Long | EGP +9.7 mn
Domestic: Net Short | EGP -11.7mn

Retail: 54.7% of total trades | 48.8% of buyers | 60.6% of sellers
Institutions: 45.3% of total trades | 51.2% of buyers | 39.4% of sellers

WTI: USD 63.72 (-0.06%)
Brent: USD 71.62 (-0.14%)

Natural Gas (Nymex, futures prices) USD 2.51 MMBtu, (-0.40%, May 2019 contract)
Gold: USD 1,276.60 / troy ounce (-0.02%)

TASI: 9,238.05 (+1.08%) (YTD: +18.03%)
ADX: 5,237.07 (+0.45%) (YTD: +6.55%)
DFM: 2,813.22 (+0.76%) (YTD: +11.21%)
KSE Premier Market: 6,174.95 (+0.11%)
QE: 10,308.17 (+0.48%) (YTD: +0.09%)
MSM: 3,977.19 (-0.19%) (YTD: -8.02%)
BB: 1,444.73 (+0.10%) (YTD: +8.04%)

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