The Market Yesterday
EGP / USD CBE market average: Buy 16.56 | Sell 16.68
EGP / USD at CIB: Buy 16.56 | Sell 16.66
EGP / USD at NBE: Buy 16.56 | Sell 16.66
EGX30 (Monday): 13,685 (+0.8%)
Turnover: EGP 397 mn (37% below the 90-day average)
EGX 30 year-to-date: +5.0%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.8%. CIB, the index heaviest constituent ended up 1.0%. EGX30’s top performing constituents were CIRA up 4.2%, Elsewedy Electric up 2.0%, and Sarwa Capital Holding up 1.7%. Monday’s worst performing stocks were Arabia Investments down 0.8%, Oriental Weavers down 0.3% and Orascom Investment Holding down 0.2%. The market turnover was EGP 397 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +14.7 mn
Regional: Net Short | EGP -21.9 mn
Domestic: Net Long | EGP +7.2 mn
Retail: 50.2% of total trades | 51.2% of buyers | 49.2% of sellers
Institutions: 49.8% of total trades | 48.8% of buyers | 50.8% of sellers
WTI: USD 57.11 (+0.60%)
Brent: USD 64.19 (+0.56%)
Natural Gas (Nymex, futures prices) USD 2.29 MMBtu, (-0.39%, Aug 2019 contract)
Gold: USD 1,417.40 / troy ounce (-0.30%)
TASI: 8,796.06 (-1.25%) (YTD: +12.38%)
ADX: 5,343.86 (+0.85%) (YTD: +8.72%)
DFM: 2,832.53 (+2.08%) (YTD: +11.97%)
KSE Premier Market: 6,640.23 (-0.32%)
QE: 10,511.25 (-0.29%) (YTD: +2.06%)
MSM: 3,763.59 (-0.18%) (YTD: -12.96%)
BB: 1,522.30 (-0.32%) (YTD: +13.84%)