The Market Yesterday
EGP / USD CBE market average: Buy 17.03 | Sell 17.13
EGP / USD at CIB: Buy 17.02 | Sell 17.12
EGP / USD at NBE: Buy 17.03 | Sell 17.13
EGX30 (Monday): 14,905 (-1.5%)
Turnover: EGP 686 mn (16% below the 90-day average)
EGX 30 year-to-date: +6.7%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.5%. CIB, the index heaviest constituent ended down 2.7%. EGX30’s top performing constituents were Global Telecom up 3.9%, Oriental Weavers up 0.4%, and Eastern Co up 0.1%. Yesterday’s worst performing stocks were Ezz Steel down 3.8%, Egyptian Iron & Steel down 3.7% and SODIC down 3.4%. The market turnover was EGP 686 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -24.8 mn
Regional: Net Short | EGP -28.0 mn
Domestic: Net Long | EGP +52.9 mn
Retail: 39.4% of total trades | 40.5% of buyers | 38.4% of sellers
Institutions: 60.6% of total trades | 59.5% of buyers | 61.6% of sellers
WTI: USD 60.84 (-1.33%)
Brent: USD 69.97 (-0.92%)
Natural Gas (Nymex, futures prices) USD 2.62 MMBtu, (+0.19%, Jun 2019)
Gold: USD 1,300.90 / troy ounce (+1.05%)
TASI: 8,366.64 (-3.55%) (YTD: +6.90%)
ADX: 4,929.22 (-3.32%) (YTD: +0.29%)
DFM: 2,525.61 (-3.97%) (YTD: -0.16%)
KSE Premier Market: 6,078.86 (-1.37%)
QE: 9,740.20 (-1.89%) (YTD: -5.43%)
MSM: 3,840.18 (-0.66%) (YTD: -11.18%)
BB: 1,416.15 (-0.81%) (YTD: +5.90%)