The Market Yesterday
EGP / USD CBE market average: Buy 16.41 | Sell 16.53
EGP / USD at CIB: Buy 16.41 | Sell 16.51
EGP / USD at NBE: Buy 16.43 | Sell 16.53
EGX30 (Monday): 14,887 (-0.1%)
Turnover: EGP 863 mn (41% above the 90-day average)
EGX 30 year-to-date: +14.2%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.1%. EGX30’s top performing constituents were Egyptian Resorts up 3.1%, Orascom Construction up 1.3%, and Kima up 1.0%. Yesterday’s worst performing stocks were Heliopolis Housing down 2.0%, Ibnsina Pharma down 1.9% and Cleopatra Hospital down 1.8%. The market turnover was EGP 863 mn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -32.1 mn
Regional: Net Short | EGP -34.7 mn
Domestic: Net Long | EGP +66.9 mn
Retail: 46.5% of total trades | 46.8% of buyers | 46.1% of sellers
Institutions: 53.5% of total trades | 53.2% of buyers | 53.9% of sellers
WTI: USD 57.98 (+0.22%)
Brent: USD 62.59 (+1.71%)
Natural Gas (Nymex, futures prices) USD 2.60 MMBtu, (+0.46%, Oct 2019 contract)
Gold: USD 1,507.40 / troy ounce (-0.90%)
TASI: 8,055.24 (+0.05%) (YTD: +2.92%)
ADX: 5,075.88 (-0.58%) (YTD: +3.27%)
DFM: 2,879.51 (+0.28%) (YTD: +13.83%)
KSE Premier Market: 6,415.26 (-1.49%)
QE: 10,309.03 (+0.33%) (YTD: +0.10%)
MSM: 3,985.38 (-0.15%) (YTD: -7.83%)
BB: 1,548.78 (-0.15%) (YTD: +15.82%)