The Market Yesterday
EGP / USD CBE market average: Buy 16.50 | Sell 16.63
EGP / USD at CIB: Buy 16.52 | Sell 16.62
EGP / USD at NBE: Buy 16.52 | Sell 16.62
EGX30 (Sunday): 14,341 (+0.1%)
Turnover: EGP 974 mn (66% above the 90-day average)
EGX 30 year-to-date: +10.0%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.1%. CIB, the index’s heaviest constituent, ended up 1.1%. EGX30’s top performing constituents were Egyptian Resorts up 2.0%, KIMA up 1.3%, and CIB up 1.1%. Yesterday’s worst performing stocks were Abu Dhabi Islamic Bank down 3.4%, Orascom Development Egypt down 2.5% and Egyptian Iron & Steel down 2.3%. The market turnover was EGP 974 mn, and foreign investors were the sole net sellers.
Foreigners: Net short | EGP -53.9 mn
Regional: Net long | EGP +16.0mn
Domestic: Net long | EGP +37.9 mn
Retail: 66.3% of total trades | 65.9% of buyers | 66.6% of sellers
Institutions: 33.7% of total trades | 34.1% of buyers | 33.4% of sellers
WTI: USD 53.43 (-1.37%)
Brent: USD 58.67 (-1.13%)
Natural Gas (Nymex, futures prices) USD 2.18 MMBtu, (+1.39%, September 2019 contract)
Gold: USD 1,555.30 / troy ounce (+1.15%)
TASI: 8,241.67 (-2.42%) (YTD: +5.30%)
ADX: 4,968.17 (-1.41%) (YTD: +1.08%)
DFM: 2,715.68 (-1.92%) (YTD: +7.35%)
KSE Premier Market: 6,496.37 (-1.72%)
QE: 9,817.67 (-1.02%) (YTD: -4.67%)
MSM: 3,979.86 (-0.20%) (YTD: -7.95%)
BB: 1,533.79 (+0.01%) (YTD: +14.70%)