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Wednesday, 14 August 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.50 | Sell 16.60

EGP / USD at CIB: Buy 16.48 | Sell 16.58
EGP / USD at NBE: Buy 16.51 | Sell 16.61

EGX30 (Thursday): 14,180 (+2.2%)
Turnover: EGP 12.8 bn (1686% above the 90-day average)
EGX 30 year-to-date: +8.8%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 2.2%. CIB, the index’s heaviest constituent, ended up 1.2%. EGX30’s top performing constituents were Palm Hills up 6.6%, Elsewedy Electric up 6.2%, and Egyptian Resorts up 5.8%. Thursday’s worst performing stocks was Ibnsina Pharma down 0.4%. The market turnover was EGP 12.8 bn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +824.8 mn
Regional: Net Short | EGP -249.8 mn
Domestic: Net Short | EGP -575.0 mn

Retail: 14.8% of total trades | 5.7% of buyers | 23.9% of sellers
Institutions: 85.2% of total trades | 94.3% of buyers | 76.1% of sellers

WTI: USD 56.66 (-0.77%)
Brent: USD 61.30 (+4.66%)

Natural Gas (Nymex, futures prices) USD 2.16 MMBtu, (+0.61%, September 2019 contract)
Gold: USD 1,511.20 / troy ounce (-0.19%)

TASI: 8,550.23 (+0.79%) (YTD: +9.24%)
ADX: 5,097.17 (-0.42%) (YTD: +3.70%)
DFM: 2,837.96 (+0.24%) (YTD: +12.18%)
KSE Premier Market: 6,718.23 (-0.37%)
QE: 9,834.79 (-0.64%) (YTD: -4.51%)
MSM: 3,861.51 (+0.60%) (YTD: -10.69%)
BB: 1,543.55 (-0.04%) (YTD: +15.43%)

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