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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%)

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