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Tuesday, 25 June 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.6486 | Sell 16.7486
EGP / USD at CIB: Buy 16.64 | Sell 16.74
EGP / USD at NBE: Buy 16.65 | Sell 16.75

EGX30 (Monday): 13,867.47 (-1.07%)
Turnover: EGP 364 mn (50% below the 90-day average)
EGX 30 year-to-date: +6.38%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.07%. CIB, the index heaviest constituent ended down 1.23%. EGX30’s top performing constituents were Telecom Egypt up 0.67% and Elsewedy Electric up 0.67%. Yesterday’s worst performing stocks were Cairo Investment & Real Estate Development down 6.57%, Heliopolis Housing down 2.28% and TMG Holding down 2.24%. The market turnover was EGP 364 mn, and regional investors were the sole net sellers.

Foreigners: Net long | EGP +3.3 mn
Regional: Net short | EGP -6.2 mn
Domestic: Net long | EGP +2.9 mn

Retail: 55.2% of total trades | 55.2% of buyers | 55.2% of sellers
Institutions: 44.8% of total trades | 44.8% of buyers | 44.8% of sellers

WTI: USD 57.83 (-0.12%)
Brent: USD 64.86 (-0.52%)

Natural Gas (Nymex, futures prices) USD 2.30 MMBtu, (-0.22%, July 2019 contract)
Gold: USD 1,426.50 / troy ounce (+0.59%)

TASI: 8,598.97 (-1.60%) (YTD: +9.87%)
ADX: 5,015.34 (+0.53%) (YTD: +2.04%)
DFM: 2,639.84 (+0.00%) (YTD: +4.35%)
KSE Premier Market: 6,366.46 (+0.36%)
QE: 10,505.34 (-0.44%) (YTD: +2.00%)
MSM: 3,911.22 (-0.33%) (YTD: -9.54%)
BB: 1,454.78 (-0.07%) (YTD: +8.79%)

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