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Thursday, 16 May 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 17.02 | Sell 17.12
EGP / USD at CIB: Buy 16.99 | Sell 17.09
EGP / USD at NBE: Buy 17.01 | Sell 17.11

EGX30 (Wednesday): 13,809 (-1.5%)
Turnover: EGP 380 mn (53% below the 90-day average)
EGX 30 year-to-date: +5.9%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 1.5%. CIB, the index heaviest constituent ended down 1.0%. EGX30’s top performing constituent was Heliopolis Housing up 0.8%. Yesterday’s worst performing stocks were Cairo Investment & Real Estate Development down 5.7%, Ezz Steel down 5.0% and Egyptian Resorts down 4.7%. The market turnover was EGP 380 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +5.3 mn
Regional: Net Short | EGP -10.6 mn
Domestic: Net Long | EGP +5.3 mn

Retail: 43.7% of total trades | 44.5% of buyers | 42.9% of sellers
Institutions: 56.3% of total trades | 55.5% of buyers | 57.1% of sellers

WTI: USD 62.14 (+0.19%)
Brent: USD 71.77 (+0.74%)

Natural Gas (Nymex, futures prices) USD 2.61 MMBtu, (+0.31%, Jun 2019)
Gold: USD 1,297.30 / troy ounce (-0.04%)

TASI: 8,480.70 (+1.27%) (YTD: +8.36%)
ADX: 4,777.57 (-0.52%) (YTD: -2.80%)
DFM: 2,583.74 (-1.12%) (YTD: +2.13%)
KSE Premier Market: 6,011.41 (+0.21%)
QE: 9,864.26 (+0.67%) (YTD: -4.22%)
MSM: 3,828.21 (+0.16%) (YTD: -11.46%)
BB: 1,408.66 (+0.22%) (YTD: +5.34%)

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