The Market Yesterday
EGP / USD CBE market average: Buy 16.71 | Sell 16.81
EGP / USD at CIB: Buy 16.69 | Sell 16.79
EGP / USD at NBE: Buy 16.73 | Sell 16.83
EGX30 (Sunday): 13,912 (+0.9%)
Turnover: EGP 348 mn (55% below the 90-day average)
EGX 30 year-to-date: +6.72%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up/down 0.9%. CIB, the index heaviest constituent ended down 0.3%. EGX30’s top performing constituents were Oriental Weavers up 4.7%, Kima up 4.0%, and Heliopolis Housing up 3.6%. Yesterday’s worst performing stocks were CIRA down 2.6% and Egyptian Resorts down 0.5%. The market turnover was EGP 348 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -16.3 mn
Regional: Net Long | EGP +6.1 mn
Domestic: Net Long | EGP +10.2 mn
Retail: 65.6% of total trades | 71.0% of buyers | 60.2% of sellers
Institutions: 34.4% of total trades | 29.0% of buyers | 39.8% of sellers
WTI: USD 54.45 (+0.85%)
Brent: USD 63.79 (+0.79%)
Natural Gas (Nymex, futures prices) USD 2.34 / MMBtu, (-0.09%, July 2019 contract)
Gold: USD 1,341.30 / troy ounce (-0.36%)
TASI: 8,699.22 (+2.15%) (YTD: +11.15%)
ADX: 4,956.25 (-0.95%) (YTD: +0.84%)
DFM: 2,650.95 (+1.17%) (YTD: +4.79%)
KSE Premier Market: 6,372.00 (+1.52%)
QE: 10,295.78 (-0.23%) (YTD: -0.03%)
MSM: 3,954.74 (+0.33%) (YTD: -8.53%)
BB: 1,446.01 (+0.79%) (YTD: +8.13%)