The Market Yesterday
EGP / USD CBE market average: Buy 17.11 | Sell 17.21
EGP / USD at CIB: Buy 17.12 | Sell 17.22
EGP / USD at NBE: Buy 17.12 | Sell 17.22
EGX30 (Monday): 14,801 (-0.3%)
Turnover: EGP 340 mn (60% below the 90-day average)
EGX 30 year-to-date: +13.5%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.3%. CIB, the index heaviest constituent ended up 0.4%. EGX30’s top performing constituents were Kima up 5.5%, and Arab Cotton Ginning up 1.5%, and Orascom Investment Holding up 1.4%. Yesterday’s worst performing stocks were Oriental Weavers down 13.9%, EFG Hermes down 1.6% and Ezz Steel down 1.6%. The market turnover was EGP 340 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -1.0 mn
Regional: Net Short | EGP -15.8 mn
Domestic: Net Long | EGP +16.7 mn
Retail: 60.7% of total trades | 59.2% of buyers | 62.3% of sellers
Institutions: 39.3% of total trades | 40.8% of buyers | 37.7% of sellers
WTI: USD 65.70 (+2.66%)
Brent: USD 74.37 (+0.45%)
Natural Gas (Nymex, futures prices) USD 2.53 MMBtu, (+0.16%, May 2019)
Gold: USD 1,277.60 / troy ounce (0.00%)
TASI: 9,195.02 (-0.48%) (YTD: +17.48%)
ADX: 5,386.44 (+0.75%) (YTD: +9.59%)
DFM: 2,820.95 (+0.01%) (YTD: +11.51%)
KSE Premier Market: 6,169.07 (-1.28%)
QE: 10,401.40 (+0.44%) (YTD: +0.99%)
MSM: 3,978.60 (-0.15%) (YTD: -7.98%)
BB: 1,442.78 (-0.25%) (YTD: +7.89%)