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Sunday, 12 May 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.08 | Sell 17.18
EGP / USD at CIB: Buy 17.06 | Sell 17.16
EGP / USD at NBE: Buy 17.07 | Sell 17.17

EGX30 (Thursday): 14,060 (+0.2%)
Turnover: EGP 447 mn (46% below the 90-day average)
EGX 30 year-to-date: +7.9%

THE MARKET ON Thursday: The EGX30 ended Thursday’s session up 0.2%. CIB, the index heaviest constituent ended down 1.8%. EGX30’s top performing constituents were CIRA up 6.5%, Elsewedy Electric up 4.1%, and TMG Holding up 3.9%. Thursday’s worst performing stocks were Egyptian Iron & Steel down 7.6%, Arabia Investments Holding down 3.4% and ACAMD down 2.9%. The market turnover was EGP 447 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +16.3 mn
Regional: Net Short | EGP -1.2 mn
Domestic: Net Short | EGP -15.1 mn

Retail: 56.8% of total trades | 52.4% of buyers | 61.1% of sellers
Institutions: 43.2% of total trades | 47.6% of buyers | 38.9% of sellers

WTI: USD 61.66 (-0.06%)
Brent: USD 70.62 (+0.33%)

Natural Gas (Nymex, futures prices) USD 2.62 MMBtu, (+0.92%, Jun 2019)
Gold: USD 1,287.40 / troy ounce (+0.17%)

TASI: 8,856.94 (-0.48%) (YTD: +13.16%)
ADX: 5,052.80 (-1.39%) (YTD: +2.80%)
DFM: 2,672.61 (-1.48%) (YTD: +5.65%)
KSE Premier Market: 6,303.15 (-0.98%)
QE: 10,027.17 (-0.95%) (YTD: -2.64%)
MSM: 3,863.28 (-0.30%) (YTD: -10.65%)
BB: 1,436.28 (-0.33%) (YTD: +7.40%)

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