The Market Yesterday
EGP / USD CBE market average: Buy 16.54 | Sell 16.67
EGP / USD at CIB: Buy 16.55 | Sell 16.65
EGP / USD at NBE: Buy 16.58 | Sell 16.68
EGX30 (Thursday): 13,997.40 (-0.99%)
Turnover: EGP 723 mn (3% above the 90-day average)
EGX 30 year-to-date: +7.4%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.99%. CIB, the index heaviest constituent ended down 0.2%. EGX30’s top performing constituents were Sarwa Capital up 3.0%, and Qalaa Holdings up 1.0%. Thursday’s worst performing stocks were Ezz Steel down 7.9%, Egypt Kuwait Holding down 3.7% and Emaar Misr down 3.1%. The market turnover was EGP 723 mn, and regional investors were the sole net sellers.
Foreigners: Net long | EGP +32.6 mn
Regional: Net short | EGP -43.2 mn
Domestic: Net long | EGP +10.6 mn
Retail: 60.8% of total trades | 63.5% of buyers | 58.1% of sellers
Institutions: 39.2% of total trades | 36.5% of buyers | 41.9% of sellers
WTI: USD 57.51 (+0.30%)
Brent: USD 64.23 (+1.47%)
Natural Gas (Nymex, futures prices) USD 2.42 MMBtu, (+0.33%, August 2019 contract)
Gold: USD 1,400.10 / troy ounce (-1.46%)
TASI: 8,846.53 (-0.08%) (YTD: +13.03%)
ADX: 4,999.46 (+0.20%) (YTD: +1.72%)
DFM: 2,660.53 (-0.21%) (YTD: 5.17%)
KSE Premier Market: 6,544.28 (+0.59%)
QE: 10,566.52 (-0.23%) (YTD: +2.60%)
MSM: 3,822.59 (-0.06%) (YTD: -11.59%)
BB: 1,511.20 (+0.85%) (YTD: +13.01%)