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Monday, 5 August 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.49 | Sell 16.59
EGP / USD at CIB: Buy 16.48 | Sell 16.58
EGP / USD at NBE: Buy 16.51 | Sell 16.61

EGX30 (Sunday): 13,616 (+0.7%)
Turnover: EGP 445 mn (23% below the 90-day average)
EGX 30 year-to-date: +4.5%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.7%. CIB, the index heaviest constituent ended up 1.3%. EGX30’s top performing constituents were Egyptian Resorts up 5.8%, Orascom Development up 5.5%, and Abu Dhabi Islamic Bank 4.3%. Yesterday’s worst performing stocks were Qalaa Holdings down 8%, Ibnsina Pharma down 2.0% and CIRA down 2.0%. The market turnover was EGP 445 mn, and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +43.9 mn
Regional: Net short | EGP -15.2 mn
Domestic: Net short | EGP -28.7 mn

Retail: 62.4% of total trades | 57.7% of buyers | 67.0% of sellers
Institutions: 37.6% of total trades | 42.3% of buyers | 33.0% of sellers

WTI: USD 55.41 (-0.45%)
Brent: USD 61.38 (-0.82%)

Natural Gas (Nymex, futures prices) USD 2.09 MMBtu, (-1.46%, September 2019 contract)
Gold: USD 1,455.70 / troy ounce (-0.12%)

TASI: 8,557.09 (-1.26%) (YTD: +9.33%)
ADX: 5,179.93 (-0.96%) (YTD: +5.39%)
DFM: 2,857.91 (-1.46%) (YTD: +12.97%)
KSE Premier Market: 6,726.45 (-0.4%)
QE: 10,356.07 (-0.40%) (YTD: +0.55%)
MSM: 3,780.31 (+0.09%) (YTD: -12.57%)
BB: 1,548.66 (-0.06%) (YTD: +15.81%)

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