The Market Yesterday
EGP / USD CBE market average: Buy 16.7114 | Sell 16.8114
EGP / USD at CIB: Buy 16.69 | Sell 16.79
EGP / USD at NBE: Buy 16.73 | Sell 16.83
EGX30 (Monday): 13,788 (+0.7%)
Turnover: EGP 303 mn (61% below the 90-day average)
EGX 30 year-to-date: +5.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.7%. CIB, the index’s heaviest constituent ended up 0.3%. EGX30’s top performing constituents were Madinet Nasr Housing up 3.9%, Telecom Egypt up 2.3%, and Global Telecom up 2.0%. Monday’s worst performing stocks were TMG Holding down 0,5%, Palm Hills down 0.4% and Pioneers Holding down 0.2%. The market turnover was EGP 303 mn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -14.1 mn
Regional: Net short| EGP -4.6 mn
Domestic: Net long| EGP +18.7 mn
Retail: 47.4% of total trades | 47.5% of buyers | 47.3% of sellers
Institutions: 52.6% of total trades | 52.5% of buyers | 52.7% of sellers
WTI: USD 53.99 (+2.66%)
Brent: USD 63.29 (+1.62%)
Natural Gas (Nymex, futures prices) USD 2.34 MMBtu, (+0.56%, July 2019 contract)
Gold: USD 1,346.10 / troy ounce (+0.25%)
TASI: 8,516.48 (+1.22%) (YTD: +8.81%)
ADX: 5,003.59 (+2.82%) (YTD: +1.80%)
DFM: 2,620.33 (+0.79%) (YTD: +3.58%)
KSE Premier Market: 6,276.36 (+0.76%)
QE: 10,319.33 (+1.49%) (YTD: +0.20%)
MSM: 3,941.82 (+0.13%) (YTD: -8.83%)
BB: 1,434.62 (-0.04%) (YTD: +7.28%)