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Tuesday, 21 May 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.96 | Sell 17.08
EGP / USD at CIB:
Buy 16.97 | Sell 17.07
EGP / USD at NBE: Buy 16.97 | Sell 17.07

EGX30 (Monday): 13,379 (-1.1%)
Turnover: EGP 415 mn (48% below the 90-day average)
EGX 30 year-to-date: +2.6%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.1%. CIB, the index heaviest constituent ended down 1%. EGX30’s top performing constituents were TMG up 2.7%, Juhayna up 2.1%, and Egyptian Resorts up 0.6%. Yesterday’s worst performing stocks were Heliopolis Housing down 6.3%, CIRA down 5.5%, and Pioneers Holding down 5.1%. The market turnover was EGP 415 mn, and local investors were the sole net sellers.

Foreigners: Net Long | EGP +16.2 mn
Regional: Net Long | EGP +10.1 mn
Domestic: Net Short | EGP -26.4 mn

Retail: 42.4% of total trades | 41.6% of buyers | 43.2% of sellers
Institutions: 57.6% of total trades | 58.4% of buyers | 56.8% of sellers

WTI: USD 63.28 (0.29%)
Brent: USD 71.97 (-0.33%)

Natural Gas (Nymex, futures prices) USD 2.66 MMBtu, (-0.41%, JUNE 2019 contract)
Gold: USD 1,277.40 / troy ounce (0.01%)

TASI: 8,468.93 (-0.66%) (YTD: +8.21%)
ADX: 4,732.94 (0.00%) (YTD: -3.7%)
DFM: 2,513.22 (-0.25%) (YTD: -0.65%)
KSE Premier Market: 6,007.31 (+0.04%)
QE: 9,898.58 (+0.25%) (YTD: -3.89%)
MSM: 3,844.63 (-42%) (YTD: -11.08%)
BB: 1,396.46 (-0.16%) (YTD: +4.43%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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