The Market Yesterday
EGP / USD CBE market average: Buy 16.55 | Sell 16.68
EGP / USD at CIB: Buy 16.56 | Sell 16.66
EGP / USD at NBE: Buy 16.56 | Sell 16.66
EGX30 (Sunday): 13,576 (-0.7%)
Turnover: EGP 258 mn (59% below the 90-day average)
EGX 30 year-to-date: +4.2%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.7%. CIB, the index heaviest constituent ended down 0.5%. EGX30’s top performing constituents were Sarwa Capital Holding up 2.7, ACAMD up 1.3%, and Ezz Steel up 0.5%. Yesterday’s worst performing stocks were CIRA down 4.2%, Orascom Development down 2.9% and AMOC down 2.0%. The market turnover was EGP 258 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -33.9 mn
Regional: Net Long | EGP +4.9 mn
Domestic: Net Long | EGP +29.0 mn
Retail: 65.1% of total trades | 71.1% of buyers | 59.1% of sellers
Institutions: 34.9% of total trades | 28.9% of buyers | 40.9% of sellers
WTI: USD 56.09 (+0.83%)
Brent: USD 63.21 (+1.18%)
Natural Gas (Nymex, futures prices) USD 2.28 MMBtu, (+1.15%, Aug 2019 contract)
Gold: USD 1,426.40 / troy ounce (-0.02%)
TASI: 8,957.80 (-0.84%) (YTD: +14.45%)
ADX: 5,235.37 (+0.33%) (YTD: +6.52%)
DFM: 2,739.26 (-0.86%) (YTD: +8.28%)
KSE Premier Market: 6,664.31 (-1.22%)
QE: 10,501.22 (-0.02%) (YTD: +1.96%)
MSM: 3,770.52 (+0.61%) (YTD: -12.79%)
BB: 1,534.16 (-0.24%) (YTD: +14.72%)