The Market Yesterday
EGP / USD CBE market average: Buy 16.69 | Sell 16.79
EGP / USD at CIB: Buy 16.67 | Sell 16.77
EGP / USD at NBE: Buy 16.71 | Sell 16.81
EGX30 (Monday): 14,149 (+1.7%)
Turnover: EGP 932 mn (21% above the 90-day average)
EGX 30 year-to-date: +8.5%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.7%. CIB, the index heaviest constituent ended up 1.1%. EGX30’s top performing constituents were Oriental Weavers up 6.6%, Madinet Nasr Housing up 5.2%, and Arabia Investments Holding up 4.0%. Yesterday’s worst performing stocks were Juhayna down 1.5% and Sarwa Capital Holding down 1.1%. The market turnover was EGP 932 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -34.3 mn
Regional: Net Long | EGP +8.7 mn
Domestic: Net Long | EGP +25.6 mn
Retail: 48.9% of total trades | 48.3% of buyers | 49.4% of sellers
Institutions: 51.1% of total trades | 51.7% of buyers | 50.6% of sellers
WTI: USD 53.33 (+0.13%)
Brent: USD 62.29 (-1.58%)
Natural Gas (Nymex, futures prices) USD 2.36 MMBtu, (+0.25%, Jul 2019 contract)
Gold: USD 1,332.90 / troy ounce (+0.27%)
TASI: 8,849.21 (+1.72%) (YTD: +13.06%)
ADX: 4,997.83 (+0.84%) (YTD: +1.68%)
DFM: 2,674.77 (+0.90%) (YTD: +5.73%)
KSE Premier Market: 6,438.89 (+1.05%)
QE: 10,503.55 (+2.02%) (YTD: +1.99%)
MSM: 3,973.03 (+0.46%) (YTD: -8.11%)
BB: 1,451.41 (+0.37%) (YTD: +8.54%)