The Market Yesterday
EGP / USD CBE market average: Buy 16.54 | Sell 16.66
EGP / USD at CIB: Buy 16.55 | Sell 16.65
EGP / USD at NBE: Buy 16.57 | Sell 16.67
EGX30 (Monday): 14,043 (+0.2%)
Turnover: EGP 696 mn (2% above the 90-day average)
EGX 30 year-to-date: +7.7%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.2%. CIB, the index heaviest constituent ended down 0.4%. EGX30’s top performing constituents were Emaar Misr up 4.4%, Orascom Investment Holding up 4.4%, and Ezz Steel up 2.5%. Yesterday’s worst performing stocks were Juhayna down 0.8%, and Egypt Kuwait Holding down 0.5%. The market turnover was EGP 696 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +71.7 mn
Regional: Net Short | EGP -130.2 mn
Domestic: Net Long | EGP +58.5 mn
Retail: 55.2% of total trades | 53.4% of buyers | 56.9% of sellers
Institutions: 44.8% of total trades | 46.6% of buyers | 43.1% of sellers
WTI: USD 57.50 (-0.28%)
Brent: USD 64.11 (-0.19%)
Natural Gas (Nymex, futures prices) USD 2.40 MMBtu, (-0.12%, Aug 2019 contract)
Gold: USD 1,395.20 / troy ounce (-0.34%)
TASI: 8,827.01 (+0.18%) (YTD: +12.78%)
ADX: 5,010.55 (+0.15%) (YTD: +1.94%)
DFM: 2,656.16 (+0.29%) (YTD: +5.00%)
KSE Premier Market: 6,633.72 (+0.16%)
QE: 10,442.87 (-0.72%) (YTD: +1.40%)
MSM: 3,822.81 (+0.16%) (YTD: -11.59%)
BB: 1,532.83 (-0.27%) (YTD: +14.62%)