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Monday, 8 July 2019

The Market Yesterday

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

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 16.57 | Sell 16.67

EGX30 (Sunday): 14,013 (+0.1%)
Turnover: EGP 470 mn (32% below the 90-day average)
EGX 30 year-to-date: +7.5%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.1%. CIB, the index heaviest constituent ended up 0.8%. EGX30’s top performing constituents were Eastern Company up 3.4%, and Emaar Misr up 1.9%. Yesterday’s worst performing stocks were Ezz Steel down 6.0%, Egyptian Iron & Steel down 3.5% and Sarwa Capital Holding down 3.1%. The market turnover was EGP 470 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -59.4 mn
Regional: Net Short | EGP -41.8 mn
Domestic: Net Long | EGP +101.2 mn

Retail: 57.3% of total trades | 60.1% of buyers | 54.6% of sellers
Institutions: 42.7% of total trades | 39.9% of buyers | 45.4% of sellers

WTI: USD 57.63 (+0.21%)
Brent: USD 64.36 (+0.20%)

Natural Gas (Nymex, futures prices) USD 2.46 MMBtu, (+0.04, August 2019 contract)
Gold: USD 1,395.70 / troy ounce (-0.31%)

TASI: 8,811.11 (-0.40%) (YTD: +12.58%)
ADX: 5,003.29 (+0.08%) (YTD: +1.79%)
DFM: 2,648.59 (-0.45%) (YTD: +4.70%)
KSE Premier Market: 6,623.13 (+1.2%)
QE: 10,518.2 (-0.46%) (YTD: +2.13%)
MSM: 3,816.73 (-0.15%) (YTD: -11.73%)
BB: 1,537.05 (+1.71%) (YTD: +14.94%)

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