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Monday, 20 May 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.99 | Sell 17.09
EGP / USD at CIB: Buy 16.97 | Sell 17.07
EGP / USD at NBE: Buy 16.98 | Sell 17.08

EGX30 (Sunday): 13,521 (-1.0%)
Turnover: EGP 295 mn (63% below the 90-day average)
EGX 30 year-to-date: +3.7%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 1.0%. CIB, the index heaviest constituent ended down 0.5%. EGX30’s top performing constituents were Egyptian Resorts up 1.0%, and EFG Hermes up 0.8%, and Oriental Weavers up 0.7%. Yesterday’s worst performing stocks were Egyptian Iron and Steel down 5.6%, Heliopolis Housing down 4.0% and AMOC down 3.9%. The market turnover was EGP 295 mn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -5.1 mn
Regional: Net Short | EGP -7.4 mn
Domestic: Net Long | EGP +12.5 mn

Retail: 50.7% of total trades | 53.9% of buyers | 47.5% of sellers
Institutions: 49.3% of total trades | 46.1% of buyers | 52.5% of sellers

WTI: USD 63.72 (+1.53%)
Brent: USD 73.33 (+1.55%)

Natural Gas (Nymex, futures prices) USD 2.64 MMBtu, (+0.49%, June 2019 contract)
Gold: USD 1,278.20 / troy ounce (+0.20%)

TASI: 8,525.22 (-1.12%) (YTD: +8.92%)
ADX: 4,732.96 (+0.29%) (YTD: -3.71%)
DFM: 2,519.43 (-2.16%) (YTD: -0.41%)
KSE Premier Market: 6,004.84 (-1.69%)
QE: 9,873.43 (+0.02%) (YTD: -4.13%)
MSM: 3,860.83 (+0.05%) (YTD: -10.71%)
BB: 1,398.69 (-0.06%) (YTD: +4.59%)

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