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Sunday, 21 April 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.14 | Sell 17.24
EGP / USD at CIB: Buy 17.14 | Sell 17.24
EGP / USD at NBE: Buy 17.15 | Sell 17.25

EGX30 (Thursday): 14,876 (+0.1%)
Turnover: EGP 700 mn (18% below the 90-day average)
EGX 30 year-to-date: +14.1%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.1%. CIB, the index heaviest constituent ended down 0.6%. EGX30’s top performing constituents were Pioneers Holding up 2.6%, Egyptian Kuwait Holding up 2.4%, and Elsewedy Electric up 1.7%. Thursday’s worst performing stocks were AMOC down 3.0%, Egyptian Iron & Steel down 1.5% and Ezz Steel down 1.4%. The market turnover was EGP 700 mn, and regional investors were the sole net buyers.

Foreigners: Net Short | EGP -3.9 mn
Regional: Net Long | EGP +55.0 mn
Domestic: Net Short | EGP -51.1 mn

Retail: 37.8% of total trades | 29.9% of buyers | 45.8% of sellers
Institutions: 62.2% of total trades | 70.1% of buyers | 54.2% of sellers

WTI: USD 64.00 (+0.38%)
Brent: USD 71.97 (+0.49%)

Natural Gas (Nymex, futures prices) USD 2.49 MMBtu, (-1.07%, May 2019)
Gold: USD 1,276.00 / troy ounce (-0.06%)

TASI: 9,196.53 (-0.45%) (YTD: +17.50%)
ADX: 5,237.07 (+0.45%) (YTD: +6.55%)
DFM: 2,813.91 (+0.02%) (YTD: +11.23%)
KSE Premier Market: 6,244.76 (+1.13%)
QE: 10,348.19 (+0.39%) (YTD: +0.48%)
MSM: 3,980.29 (+0.08%) (YTD: -7.94%)
BB: 1,446.18 (+0.10%) (YTD: +8.15%)

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