The Market Yesterday
EGP / USD CBE market average: Buy 16.6494 | Sell 16.7494
EGP / USD at CIB: Buy 16.64 | Sell 16.74
EGP / USD at NBE: Buy 16.65 | Sell 16.75
EGX30 (Tuesday): 13,831.23 (-0.26%)
Turnover: EGP 573 mn (20% below the 90-day average)
EGX 30 year-to-date: +6.1%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.26%. CIB, the index heaviest constituent ended up 0.22%. EGX30’s top performing constituents were Orascom Development Egypt up 4.35%, Emaar Misr up 3.33%, and Global Telecom up 1.76%. Yesterday’s worst performing stocks were AMOC down 3.12%, Ezz Steel down 2.84% and Qalaa Holdings down 2.76%. The market turnover was EGP 573 mn, and regional investors were the sole net sellers.
Foreigners: Net long | EGP +17.7 mn
Regional: Net short | EGP -39.3 mn
Domestic: Net long | EGP +21.6 mn
Retail: 46.8% of total trades | 47.6% of buyers | 46.1% of sellers
Institutions: 53.2% of total trades | 52.4% of buyers | 53.9% of sellers
WTI: USD 57.83 (-0.12%)
Brent: USD 65.75 (+1.37%)
Natural Gas (Nymex, futures prices) USD 2.31 MMBtu, (+0.22%, July 2019 contract)
Gold: USD 1,418.70 / troy ounce (+0.04%)
TASI: 8,649.88 (+0.59%) (YTD: +10.52%)
ADX: 4,989.41 (-0.52%) (YTD: +1.51%)
DFM: 2,623.47 (-0.62%) (YTD: +3.70%)
KSE Premier Market: 6,381.18 (+0.23%)
QE: 10,450.59 (-0.52%) (YTD: +1.47%)
MSM: 3,890.89 (-0.52%) (YTD: -10.01%)
BB: 1,462.05 (+0.50%) (YTD: +9.33%)