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Tuesday, 30 July 2019

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 16.53 | Sell 16.63

EGP / USD at CIB: Buy 16.52 | Sell 16.62
EGP / USD at NBE: Buy 16.54 | Sell 16.64

EGX30 (Monday): 13,421 (-0.3%)
Turnover: EGP 390 mn (35% below the 90-day average)
EGX 30 year-to-date: +3.0%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.3%. CIB, the index heaviest constituent ended up 0.3%. EGX30’s top performing constituents were Arab Cotton Ginning up 0.3%, and AIH up 0.2%. Yesterday’s worst performing stocks were Sarwa Capital Holding down 5.5%, Qalaa Holdings down 3.0% and Orascom Development Egypt down 2.1%. The market turnover was EGP 390 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +23.0 mn
Regional: Net Short | EGP -26.3 mn
Domestic: Net Long | EGP +3.3 mn

Retail: 53.9% of total trades | 41.9% of buyers | 58.7% of sellers
Institutions: 46.1% of total trades | 50.9% of buyers | 41.3% of sellers

WTI: USD 57.14 (+0.47%)
Brent: USD 63.71 (+0.25%)

Natural Gas (Nymex, futures prices) USD 2.14 MMBtu, (-1.29%, Sep 2019 contract)
Gold: USD 1,438.10 / troy ounce (+0.33%)

TASI: 8,729.12 (-1.47%) (YTD: +11.53%)
ADX: 5,362.83 (+0.27%) (YTD: +9.11%)
DFM: 2,880.61 (+1.21%) (YTD: +13.87%)
KSE Premier Market: 6,766.88 (+0.3%)
QE: 10,602.92 (+0.28%) (YTD: +2.95%)
MSM: 3,751.01 (+0.14%) (YTD: -13.25%)
BB: 1,536.06 (+0.55%) (YTD: +14.87%)

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