The Market Yesterday
EGP / USD CBE market average: Buy 16.48 | Sell 16.60
EGP / USD at CIB: Buy 16.48 | Sell 16.58
EGP / USD at NBE: Buy 16.51 | Sell 16.61
EGX30 (Monday): 13,599 (-0.1%)
Turnover: EGP 589 mn (3% above the 90-day average)
EGX 30 year-to-date: +4.3%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.1%. CIB, the index heaviest constituent ended down 0.5%. EGX30’s top performing constituents were Sodic up 4.7%, Ezz Steel up 2.8%, and Orascom Investment Holding up 1.9%. Yesterday’s worst performing stocks were Qalaa Holdings down 7.1%, Abu Dhabi Islamic Bank down 4.5% and AMOC down 1.9%. The market turnover was EGP 589 mn, and local investors were the sole net sellers.
Foreigners: Net long | EGP +45.1 mn
Regional: Net long | EGP +1.8 mn
Domestic: Net short | EGP -46.9 mn
Retail: 50.2% of total trades | 46.9% of buyers | 53.4% of sellers
Institutions: 49.8% of total trades | 53.1% of buyers | 46.6% of sellers
WTI: USD 54.30 (-0.71%)
Brent: USD 59.44 (-0.62%)
Natural Gas (Nymex, futures prices) USD 2.09 MMBtu, (+1.11%, September 2019 contract)
Gold: USD 1,482.40/ troy ounce (+0.40%)
TASI: 8,465.25 (-1.07%) (YTD: +8.16%)
ADX: 5,083.16 (-1.87%) (YTD: +3.42%)
DFM: 2,799.83 (-2.03%) (YTD: +10.0%)
KSE Premier Market: 6,726.87 (+0.01%)
QE: 9,924.87 (-4.16%) (YTD: -3.63%)
MSM: 3,788.73 (+0.22%) (YTD: -12.37%)
BB: 1,544.65 (-0.26%) (YTD: +15.51%)