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Monday, 2 September 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.49 | Sell 16.62
EGP / USD at CIB: Buy 16.50 | Sell 16.60
EGP / USD at NBE: Buy 16.50 | Sell 16.60

EGX30 (Sunday): 14,932 (+0.7%)
Turnover: EGP 622 mn (2% above the 90-day average)
EGX 30 year-to-date: +14.5%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.7%. CIB, the index’s heaviest constituent, ended up 1.1%. EGX30’s top performing constituents were Egyptian Resorts up 3.4%, SODIC up 3.1%, and Egyptian Iron & Steel up 3.0%. Yesterday’s worst performing stocks were Juhayna down 1.9%, Emaar Misr down 1.6% and Elsewedy Electric down 0.9%. The market turnover was EGP 622 mn, and domestic investors were the sole net sellers.

Foreigners: Net Long | EGP +27.5 mn
Regional: Net Long | EGP +13.6 mn
Domestic: Net Short | EGP -41.1 mn

Retail: 65.1% of total trades | 61.9% of buyers | 68.3% of sellers
Institutions: 34.9% of total trades | 38.1% of buyers | 31.7% of sellers

WTI: USD 54.80 (-0.54%)
Brent: USD 58.85 (-0.68%)

Natural Gas (Nymex, futures prices) USD 2.28 MMBtu, (-0.44%, October 2019 contract)
Gold: USD 1,538.10 / troy ounce (+0.57%)

TASI: 7,912.30 (-1.34%) (YTD: +1.09%)
ADX: 5,121.17 (-0.86%) (YTD: +4.19%)
DFM: 2,758.34 (-0.01%) (YTD: +9.04%)
KSE Premier Market: 6,571.97 (+0.68%)
QE: 10,253.69 (+0.20%) (YTD: -0.44%)
MSM: 4,004.86 (+0.81%) (YTD: -7.38%)
BB: 1,533.09 (-0.09%) (YTD: +14.64%)

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