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Thursday, 12 September 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.38 | Sell 16.50

EGP / USD at CIB: Buy 16.37 | Sell 16.47
EGP / USD at NBE: Buy 16.39 | Sell 16.49

EGX30 (Wednesday): 15,015 (+0.4%)
Turnover: EGP 733 mn (19% above the 90-day average)
EGX 30 year-to-date: +15.2%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.4%. CIB, the index’s heaviest constituent, ended up 0.4%. EGX30’s top performing constituents were Juhayna up 7.4%, Abu Dhabi Islamic Bank up 3.4%, and CIRA up 3.1%. Yesterday’s worst performing stocks were Sidi Kerir Petrochemicals down 2.3%, AMOC down 2.2% and Egyptian Resorts down 2.0%. The market turnover was EGP 733 mn, and local investors were the sole net sellers.

Foreigners: Net Long | EGP +11.0 mn
Regional: Net Long | EGP +31.1 mn
Domestic: Net Short | EGP -42.1 mn

Retail: 53.8% of total trades | 49.0% of buyers | 58.7% of sellers
Institutions: 46.2% of total trades | 51.0% of buyers | 41.3% of sellers

WTI: USD 55.90 (+0.27%)
Brent: USD 60.81 (-2.52%)

Natural Gas (Nymex, futures prices) USD 2.55 MMBtu, (-0.24%, Oct 2019 contract)
Gold: USD 1,504.40 / troy ounce (+0.08%)

TASI: 7,855.30 (-1.38%) (YTD: +0.37%)
ADX: 5,106.50 (+0.21%) (YTD: +3.89%)
DFM: 2,885.00 (+14.04%) (YTD: -0.25%)
KSE Premier Market: 6,260.90 (-2.54%)
QE: 10,466.49 (+0.88%) (YTD: +1.63%)
MSM: 4,017.25 (+0.48%) (YTD: -7.09%)
BB: 1,540.91 (-0.51%) (YTD: +15.23%)

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