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Wednesday, 21 August 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.53 | Sell 16.66
EGP / USD at CIB: Buy 16.54 | Sell 16.64
EGP / USD at NBE: Buy 16.52 | Sell 16.62

EGX30 (Tuesday): 14,428 (+0.9%)
Turnover: EGP 1.1 bn (87% above the 90-day average)
EGX 30 year-to-date: +10.7%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.9%. CIB, the index’s heaviest constituent, ended up 0.1%. EGX30’s top performing constituents were Egyptian Resorts up 8.4%, AMOC up 6.1%, and Ezz Steel up 4.3%. Yesterday’s worst performing stocks were EFG Hermes down 0.2%, and Egypt Kuwait Holding down 0.2%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.

Foreigners: Net short | EGP -20.0 mn
Regional: Net short | EGP -122.5 mn
Domestic: Net long | EGP +142.5 mn

Retail: 56.9% of total trades | 58.9% of buyers | 54.8% of sellers
Institutions: 43.1% of total trades | 41.1% of buyers | 45.2% of sellers

WTI: USD 56.34 (+0.23%)
Brent: USD 60.17 (+0.23%)

Natural Gas (Nymex, futures prices) USD 2.22 MMBtu, (-0.09%, September 2019 contract)
Gold: USD 1,514.50 / troy ounce (-0.08%)

TASI: 8,598.75 (+0.28%) (YTD: +9.75%)
ADX: 5,068.81 (+0.82%) (YTD: +3.13%)
DFM: 2,788.99 (-0.06%) (YTD: +10.25%)
KSE Premier Market: 6,642.55 (+0.55%)
QE: 9,894.94 (+0.91%) (YTD: -3.92%)
MSM: 3,889.57 (+0.54%) (YTD: -10.04%)
BB: 1,534.69 (+0.35%) (YTD: +14.76%)

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