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Tuesday, 7 May 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.10 | Sell 17.20
EGP / USD at CIB: Buy 17.10 | Sell 17.20
EGP / USD at NBE: Buy 17.10 | Sell 17.20

EGX30 (Monday): 14,205 (-2.1%)
Turnover: EGP 312 mn (63% below the 90-day average)
EGX 30 year-to-date: +9.0%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 2.1%. CIB, the index heaviest constituent ended down 2.1%. EGX30’s top performing constituents was Oriental Weavers up 0.4%. Yesterday’s worst performing stocks were Ezz Steel down 6.5%, Egyptian Iron & Steel down 5.5% and Emaar Misr down 4.8%. The market turnover was EGP 312 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +23.0 mn
Regional: Net Short | EGP -25.8 mn
Domestic: Net Long | EGP +2.8 mn

Retail: 56.0% of total trades | 51.6% of buyers | 60.5% of sellers
Institutions: 44.0% of total trades | 48.4% of buyers | 39.5% of sellers

WTI: USD 62.54 (+0.97%)
Brent: USD 71.07 (+0.31%)

Natural Gas (Nymex, futures prices) USD 2.52 MMBtu, (-1.79%, Jun 2019)
Gold: USD 1,282.30 / troy ounce (+0.08%)

TASI: 9,043.22 (-1.48%) (YTD: +15.54%)
ADX: 5,146.13 (-1.54%) (YTD: +4.70%)
DFM: 2,733.45 (-0.70%) (YTD: +8.05%)
KSE Premier Market: 6,190.64 (+0.34%)
QE: 10,296.59 (-1.58%) (YTD: -0.02%)
MSM: 3,905.24 (-0.70%) (YTD: -9.68%)
BB: 1,437.61 (+0.08%) (YTD: +7.50%)

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