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Wednesday, 31 July 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.50 | Sell 16.62
EGP / USD at CIB: Buy 16.50 | Sell 16.60
EGP / USD at NBE: Buy 16.53 | Sell 16.63

EGX30 (Tuesday): 13,364 (-0.4%)
Turnover: EGP 724 mn (21% above the 90-day average)
EGX 30 year-to-date: +2.5%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.4%. CIB, the index heaviest constituent ended up 0.2%. EGX30’s top performing constituents were Eastern Co up 2.5%, Juhayna up 2.2%, and Egyptian Resorts up 1.6%. Yesterday’s worst performing stocks were Qalaa Holdings down 6.2%, Pioneers Holding down 6.0% and Elsewedy Electric down 5.6%. The market turnover was EGP 724 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +19.6 mn
Regional: Net Short | EGP -20.2 mn
Domestic: Net Long | EGP +0.7 mn

Retail: 51.4% of total trades | 52.8% of buyers | 49.9% of sellers
Institutions: 48.6% of total trades | 47.2% of buyers | 50.1% of sellers

WTI: USD 58.32 (+0.47%)
Brent: USD 65.05 (+0.51%)

Natural Gas (Nymex, futures prices) USD 2.14 MMBtu, (+0.09%, Sep 2019 contract)
Gold: USD 1,443.30 / troy ounce (+0.10%)

TASI: 8,740.93 (+0.14%) (YTD: +11.68%)
ADX: 5,331.14 (-0.59%) (YTD: +8.47%)
DFM: 2,911.68 (+1.08%) (YTD: +15.10%)
KSE Premier Market: 6,734.58 (-0.48%)
QE: 10,589.29 (-0.13%) (YTD: +2.82%)
MSM: 3,755.31 (+0.11%) (YTD: -13.15%)
BB: 1,546.22 (+0.66%) (YTD: +15.63%)

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