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Monday, 15 July 2019

The Market Yesterday

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EGP / USD CBE market average: Buy 16.54 | Sell 16.66
EGP / USD at CIB: Buy 16.54 | Sell 16.64
EGP / USD at NBE: Buy 16.56 | Sell 16.66

EGX30 (Sunday): 13,672 (-1.0%)
Turnover: EGP 396 mn (40% below the 90-day average)
EGX 30 year-to-date: +4.9%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 1.0%. CIB, the index heaviest constituent ended down 0.7%. EGX30’s top performing constituent was Eastern Company up 0.3%. Yesterday’s worst performing stocks were GB Auto down 4.2%, Ezz Steel down 4.1% and Heliopolis Housing down 3.9%. The market turnover was EGP 396 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +6.8 mn
Regional: Net Short | EGP -3.9 mn
Domestic: Net Short | EGP -2.9 mn

Retail: 67.7% of total trades | 69.0% of buyers | 66.4% of sellers

Institutions: 32.3% of total trades | 31.0% of buyers | 33.6% of sellers

WTI: USD 60.17 (-0.07%)
Brent: USD 66.68 (-0.06%)

Natural Gas (Nymex, futures prices) USD 2.44 MMBtu, (-0.61%, Aug 2019 contract)
Gold: USD 1,416.13 / troy ounce (+0.03%)

TASI: 9,015.16 (+0.52%) (YTD: +15.18%)
ADX: 5,056.26 (+0.08%) (YTD: +2.87%)
DFM: 2,704.78 (+0.71%) (YTD: +6.92%)
KSE Premier Market: 6,775.05 (-0.03%)
QE: 10,600.20 (-0.12%) (YTD: +2.92%)
MSM: 3,793.90 (-0.38%) (YTD: -12.25%)
BB: 1,537.08 (+0.00%) (YTD: +14.94%)

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