The Market Yesterday
EGP / USD CBE market average: Buy 16.97 | Sell 17.07
EGP / USD at CIB: Buy 16.96 | Sell 17.06
EGP / USD at NBE: Buy 16.97 | Sell 17.07
EGX30 (Tuesday): 13,614 (+1.8%)
Turnover: EGP 544 mn (32% below the 90-day average)
EGX 30 year-to-date: +4.4%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.8%. CIB, the index heaviest constituent ended up 1.4%. EGX30’s top performing constituents were AMOC up 7.0%, and Sarwa Capital Holding up 6.4%, and Arabia Investments Holding up 5.0%. Yesterday’s Thursday’s worst performing stocks were CIRA down 6.0% and EFG Hermes down 0.3%. The market turnover was EGP 544 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -34.6 mn
Regional: Net Long | EGP +17.0 mn
Domestic: Net Long | EGP +17.6 mn
Retail: 42.4% of total trades | 43.2% of buyers | 41.6% of sellers
Institutions: 57.6% of total trades | 56.8% of buyers | 58.4% of sellers
WTI: USD 62.99 (-0.17%)
Brent: USD 72.18 (+0.29%)
Natural Gas (Nymex, futures prices) USD 2.62 MMBtu, (+0.34%, JUNE 2019 contract)
Gold: USD 1,274.10 / troy ounce (+0.07%)
TASI: 8,609.35 (+1.66%) (YTD: +10.00%)
ADX: 4,782.48 (+1.05%) (YTD: -2.70%)
DFM: 2,539.24 (+1.04%) (YTD: +0.38%)
KSE Premier Market: 6,058.34 (+0.85%)
QE: 9,700.77 (-2.00%) (YTD: -5.81%)
MSM: 3,842.47 (-0.06%) (YTD: -11.13%)
BB: 1,409.43 (+0.93%) (YTD: +5.40%)