The Market Yesterday
EGP / USD CBE market average: Buy 16.49 | Sell 16.61
EGP / USD at CIB: Buy 16.50 | Sell 16.60
EGP / USD at NBE: Buy 16.50 | Sell 16.60
EGX30 (Tuesday): 14,283 (-0.1%)
Turnover: EGP 1.1 bn (83% above the 90-day average)
EGX 30 year-to-date: +9.6%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.4%. EGX30’s top performing constituents were Abu Dhabi Islamic Bank up 2.7%, Orascom Development Egypt up 2.5%, and Madinet Nasr Housing up 2.2%. Yesterday’s worst performing stocks were Egyptian Resorts down 4.6%, KIMA down 2.3% and CIRA down 2.2%. The market turnover was EGP 1.1 bn, and foreign investors were the sole net sellers.
Foreigners: Net short | EGP -154.9 mn
Regional: Net long | EGP +72.8 mn
Domestic: Net long | EGP +82.1 mn
Retail: 37.7% of total trades | 39.1% of buyers | 36.3% of sellers
Institutions: 62.3% of total trades | 60.9% of buyers | 63.7% of sellers
WTI: USD 55.56 (+1.15%)
Brent: USD 59.51 (+1.38%)
Natural Gas (Nymex, futures prices) USD 2.20 MMBtu, (+0.05%, September 2019 contract)
Gold: USD 1,553.40 / troy ounce (0.10%)
TASI: 8,285.54 (+0.34%) (YTD: +5.86%)
ADX: 5,130.75 (+2.67%) (YTD: +4.39%)
DFM: 2,751.29 (+0.82%) (YTD: +8.76%)
KSE Premier Market: 6,527.00 (-0.01%)
QE: 10,008.80 (+2.26%) (YTD: -2.82%)
MSM: 3,954.46 (+0.70%) (YTD: -8.54%)
BB: 1,536.99 (+0.41) (YTD: +14.94%)