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Wednesday, 8 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 17.08 | Sell 17.18
EGP / USD at NBE: Buy 17.10 | Sell 17.20

EGX30 (Tuesday): 14,390 (+1.3%)
Turnover: EGP 461 mn (45% below the 90-day average)
EGX 30 year-to-date: +10.4%S

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.3%. CIB, the index heaviest constituent ended up 3.3%. EGX30’s top performing constituents were CIB up 3.3%, and Orascom Development Egypt up 2.9%, and Oriental Weavers up 2.7%. Yesterday’s worst performing stocks were Arab Cotton Ginning down 3.1%, AMOC down 2.5% and Sarwa Capital Holding down 2.3%. The market turnover was EGP 461 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +61.2 mn
Regional: Net Short | EGP -74.7 mn
Domestic: Net Long | EGP +13.5 mn

Retail: 39.7% of total trades | 38.8% of buyers | 40.6% of sellers
Institutions: 60.3% of total trades | 61.2% of buyers | 59.4% of sellers

WTI: USD 61.60 (+0.33%)
Brent: USD 69.88 (-1.91%)

Natural Gas (Nymex, futures prices) USD 2.55 MMBtu, (+0.35%, Jun 2019)
Gold: USD 1,285.60 / troy ounce (0.00%)

TASI: 8,968.86 (-0.82%) (YTD: +14.59%)
ADX: 5,124.48 (-0.42%) (YTD: +4.26%)
DFM: 2,725.87 (-0.28%) (YTD: +7.75%)
KSE Premier Market: 6,309.91 (+1.93%)
QE: 10,251 (-0.44%) (YTD: -0.47%)
MSM: 3,901.13 (-0.11%) (YTD: -9.77%)
BB: 1,441.71 (+0.29%) (YTD: +7.81%)

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