The Market Yesterday
EGP / USD CBE market average: Buy 16.52 | Sell 16.65
EGP / USD at CIB: Buy 16.52 | Sell 16.62
EGP / USD at NBE: Buy 16.54 | Sell 16.64
EGX30 (Thursday): 13,510 (-0.8%)
Turnover: EGP 447 mn (27% below the 90-day average)
EGX 30 year-to-date: +3.6%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.8%. CIB, the index heaviest constituent ended down 0.6%. EGX30’s top performing constituents were Orascom Development up 2.2%, Sarwa Capital Holding up 1.5%, and Heliopolis Housing up 1.5%. Thursday’s worst performing stocks were AMOC down 2.7%, Kima down 2.7%, and TMG Holding down 2.4%. The market turnover was EGP 447 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -61.2 mn
Regional: Net Short | EGP -0.8 mn
Domestic: Net Long | EGP +62.1 mn
Retail: 48.4% of total trades | 52.2% of buyers | 44.6% of sellers
Institutions: 51.6% of total trades | 47.8% of buyers | 55.4% of sellers
WTI: USD 56.20 (+0.32%)
Brent: USD 63.46 (+0.11%)
Natural Gas (Nymex, futures prices) USD 2.17 MMBtu, (-3.34%, Aug 2019 contract)
Gold: USD 1,432.20 / troy ounce (+0.33%)
TASI: 8,819.00 (+0.38%) (YTD: +12.68%)
ADX: 5,387.77 (+0.57%) (YTD: +9.62%)
DFM: 2,850.69 (-0.18%) (YTD: +12.69%)
KSE Premier Market: 6,706.76 (+0.66%)
QE: 10,631.28 (+0.77%) (YTD: +3.23%)
MSM: 3,754.76 (-0.27%) (YTD: -13.16%)
BB: 1,522.71 (+0.46%) (YTD: +13.87%)