The Market Yesterday
EGP / USD CBE market average: Buy 16.47 | Sell 16.61
EGP / USD at CIB: Buy 16.48 | Sell 16.58
EGP / USD at NBE: Buy 16.50 | Sell 16.60
EGX30 (Monday): 14,291 (-0.4%)
Turnover: EGP 787 mn (32% above the 90-day average)
EGX 30 year-to-date: +9.6%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.4%. CIB, the index’s heaviest constituent, ended down 0.3%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 5.1%, Heliopolis Housing up 2.4%, and CIRA up 2.2%. Yesterday’s worst performing stocks were Ezz Steel down 4.6%, Palm Hills down 3.3% and Sidi Kerir Petrochemicals down 2.6%. The market turnover was EGP 787 mn, and foreign investors were the sole net sellers.
Foreigners: Net short | EGP -44.5 mn
Regional: Net long | EGP +18.6 mn
Domestic: Net long | EGP +26.0 mn
Retail: 59.9% of total trades | 68.4% of buyers | 51.4% of sellers
Institutions: 40.1% of total trades | 31.6% of buyers | 48.6% of sellers
WTI: USD 53.94 (+0.56%)
Brent: USD 59.01 (+0.53%)
Natural Gas (Nymex, futures prices) USD 2.23 MMBtu, (-0.04%, September 2019 contract)
Gold: USD 1,536.00 / troy ounce (-0.08%)
TASI: 8,257.86 (+0.20%) (YTD: +5.51%)
ADX: 4,997.22 (+0.58%) (YTD: +1.67%)
DFM: 2,729.04 (+0.49%) (YTD: +7.88%)
KSE Premier Market: 6,527.49 (+0.48%)
QE: 9,787.77 (+0.30%) (YTD: -4.96%)
MSM: 3,927.08 (-1.33%) (YTD: -9.17%)
BB: 1,530.75 (-0.20%) (YTD: +14.47%)