The Market Yesterday
EGP / USD CBE market average: Buy 16.68 | Sell 16.80
EGP / USD at CIB: Buy 16.67 | Sell 16.77
EGP / USD at NBE: Buy 16.71 | Sell 16.81
EGX30 (Sunday): 14,210 (+0.2%)
Turnover: EGP 487 mn (37% below the 90-day average)
EGX 30 year-to-date: +9.0%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.5%. EGX30’s top performing constituents were Pioneers Holding up 5.3%, Kima up 4.7%, and AMOC up 1.8%. Yesterday’s worst performing stocks were Cairo investment & Real Estate Development down 4.4%, GB Auto down 2.4% and Madinet Nasr Housing down 1.6%. The market turnover was EGP 487 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -50.8 mn
Regional: Net Short | EGP -10.6 mn
Domestic: Net Long | EGP +61.4 mn
Retail: 55.5% of total trades | 57.2% of buyers | 53.9% of sellers
Institutions: 44.5% of total trades | 42.8% of buyers | 46.1% of sellers
WTI: USD 52.62 (+0.21%)
Brent: USD 62.17 (+0.26%)
Natural Gas (Nymex, futures prices) USD 2.40 MMBtu, (+0.59%, July 2019 contract)
Gold: USD 1,344.90/ troy ounce (+0.03%)
TASI: 8,886.84 (-0.61%) (YTD: +13.54%)
ADX: 4,955.26 (-0.17%) (YTD: +0.82%)
DFM: 2,614.03 (-0.72%) (YTD: +3.33%)
KSE Premier Market: 6,351.65 (+0.61%)
QE: 10,479.63 (-0.34%) (YTD: +1.75%)
MSM: 3,915.25 (-0.08%) (YTD: -9.45%)
BB: 1,449.85 (+0.07%) (YTD: +8.42%)