The Market Yesterday
EGP / USD CBE market average: Buy 16.81 | Sell 16.91
EGP / USD at CIB: Buy 16.80 | Sell 16.90
EGP / USD at NBE: Buy 16.83 | Sell 16.93
EGX30 (Sunday): 13,982 (+1.5%)
Turnover: EGP 378 mn (52% below the 90-day average)
EGX 30 year-to-date: +7.3%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.5%. CIB, the index heaviest constituent ended up 1.3%. EGX30’s top performing constituents were Orascom Investment Holding up 7.7%, and Eastern Co up 4.5%, and AMOC up 3.7%. Yesterday’s worst performing stocks were Cairo Investment & Real Estate Development down 2.5%. The market turnover was EGP 378 mn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -60.1 mn
Regional: Net Short | EGP -18.8 mn
Domestic: Net Long | EGP +78.9 mn
Retail: 58.7% of total trades | 61.7% of buyers | 55.7% of sellers
Institutions: 41.3% of total trades | 38.3% of buyers | 44.3% of sellers
WTI: USD 58.63 (+1.24%)
Brent: USD 68.69 (+1.37%)
Natural Gas (Nymex, futures prices) USD 2.60 MMBtu, (+0.78%, June 2019 contract)
Gold: USD 1,289.20 / troy ounce (-0.14%)
TASI: 8,360.19 (-2.00%) (YTD: +6.82%)
ADX: 4,774.75 (-0.05%) (YTD: -2.85%)
DFM: 2,581.80 (-0.30%) (YTD: +2.06%)
KSE Premier Market: 6042.02 (+0.31%)
QE: 9,697.30 (-0.34%) (YTD: -5.84%)
MSM: 3,870.93 (-0.13%) (YTD: -10.47%)
BB: 1,410.32 (+0.13%) (YTD: +5.46%)