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Monday, 24 June 2019

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 16.6461 | Sell 16.7461
EGP / USD at CIB: Buy 16.64 | Sell 16.74
EGP / USD at NBE: Buy 16.65 | Sell 16.75

EGX30 (Sunday): 14,017.34 (-0.19%)
Turnover: EGP 254 mn (65% below the 90-day average)
EGX 30 year-to-date: +7.5%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.19%. CIB, the index heaviest constituent ended up 0.22%. EGX30’s top performing constituents were Eastern Co up 3.20%, Arab Co. for Asset Management and Development up 2.14%, and Arabia Investments Holding up 1.25%. Yesterday’s worst performing stocks were Sarwa Capital down 2.06%, Egyptian Resorts down 2.00% and Elsewedy Electric down 1.96%. The market turnover was EGP 254 mn, and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +31.6 mn
Regional: Net short | EGP -15.2 mn
Domestic: Net short | EGP -16.4 mn

Retail: 67.3% of total trades | 71.0% of buyers | 63.5% of sellers
Institutions: 32.7% of total trades | 29.0% of buyers | 36.5% of sellers

WTI: USD 57.43 (+0.63%)
Brent: USD 65.20 (+1.16%)

Natural Gas (Nymex, futures prices) USD 2.19 MMBtu, (+1.67%, July 2019 contract)
Gold: USD 1,400.10 / troy ounce (+3.20%)

TASI: 8,739.16 (-1.47%) (YTD: +11.66%)
ADX: 4,988.78 (-1.11%) (YTD: +1.50%)
DFM: 2,639.75 (-0.72%) (YTD: +4.35%)
KSE Premier Market: 6,343.54 (-0.37%)
QE: 10,551.43 (-1.28%) (YTD: +2.45%)
MSM: 3,924.34 (-0.10%) (YTD: -9.24%)
BB: 1,455.85 (+0.06%) (YTD: +8.87%)

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