The Market Yesterday
EGP / USD CBE market average: Buy 16.41 | Sell 16.52
EGP / USD at CIB: Buy 16.42 | Sell 16.52
EGP / USD at NBE: Buy 16.44 | Sell 16.54
EGX30 (Sunday): 14,931 (0.00%)
Turnover: EGP 479 mn (22% below the 90-day average)
EGX 30 year-to-date: +14.5%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session flat. CIB, the index heaviest constituent ended up 0.1%. EGX30’s top performing constituents were Pioneers Holding up 3.2%, Orascom Development up 1.9%, and Madinet Nasr Housing up 1.5%. Yesterday’s worst performing stocks were Credit Agricole down 2.7%, Cleopatra Hospital down 1.6% and Egyptian Resorts down 1.4%. The market turnover was EGP 479 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -13.1 mn
Regional: Net Short | EGP -28.6 mn
Domestic: Net Long | EGP +41.7 mn
Retail: 70.7% of total trades | 75.6% of buyers | 65.8% of sellers
Institutions: 29.3% of total trades | 24.4% of buyers | 34.2% of sellers
WTI: USD 56.76 (+0.42%)
Brent: USD 61.74 (+0.32%)
Natural Gas (Nymex, futures prices) USD 2.52 MMBtu, (+0.96%, Oct 2019 contract)
Gold: USD 1,512.50 / troy ounce (-0.20%)
TASI: 8,050.88 (-0.05%) (YTD: +2.86%)
ADX: 5,105.25 (-0.17%) (YTD: +3.87%)
DFM: 2,871.50 (-0.67%) (YTD: +13.51%)
KSE Premier Market: 6,512.44 (-0.53%)
QE: 10,274.85 (+0.21%) (YTD: -0.23%)
MSM: 3,991.23 (-0.16%) (YTD: -7.69%)
BB: 1,548.78 (-0.15%) (YTD: +15.82%)