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Thursday, 27 June 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.6531 | Sell 16.7531
EGP / USD at CIB: Buy 16.64 | Sell 16.74
EGP / USD at NBE: Buy 16.65 | Sell 16.75

EGX30 (Wednesday): 14,006.99 (+1.27%)
Turnover: EGP 1.06 bn (50% above the 90-day average)
EGX 30 year-to-date: +7.5%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 1.27%. CIB, the index heaviest constituent ended up 0.31%. EGX30’s top performing constituents were Orascom Investment Holding up 9.96%, Qalaa Holdings up 9.40%, and Heliopolis Housing up 8.64%. Yesterday’s worst performing stocks were Juhayna down 2.38%, and EKH down 2.05%. The market turnover was EGP 1,059 mn, and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +134.6 mn
Regional: Net short | EGP -17.0 mn
Domestic: Net short | EGP -117.6 mn

Retail: 54.9% of total trades | 47.7% of buyers | 62.1% of sellers
Institutions: 45.1% of total trades | 52.3% of buyers | 37.9% of sellers

WTI: USD 59.38 (+2.68%)
Brent: USD 66.36 (+2.01%)

Natural Gas (Nymex, futures prices) USD 2.29 MMBtu, (-0.74%, July 2019 contract)
Gold: USD 1,415.40 / troy ounce (-0.23%)

TASI: 8,687.08 (+0.43%) (YTD: +10.99%)
ADX: 4,955.95 (-0.67%) (YTD: +0.83%)
DFM: 2,622.64 (-0.03%) (YTD: +3.67%)
KSE Premier Market: 6,344.30 (-0.58%)
QE: 10,416.32 (-0.33%) (YTD: +1.14%)
MSM: 3,877.50 (-0.34%) (YTD: -10.32%)
BB: 1,460.62 (-0.10%) (YTD: +9.22%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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