The Market Yesterday
EGP / USD CBE market average: Buy 16.32 | Sell 16.44
EGP / USD at CIB: Buy 16.32 | Sell 16.42
EGP / USD at NBE: Buy 16.35 | Sell 16.45
EGX30 (Sunday): 15,023 (-0.6%)
Turnover: EGP 467 mn (24% below the 90-day average)
EGX 30 year-to-date: +15.3%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.6%. CIB, the index’s heaviest constituent, ended down 0.3%. EGX30’s top performing constituents were Orascom Development up 1.7%, Orascom Construction up 1.2%, and Pioneers Holding up 1.2%. Yesterday’s worst performing stocks were ADIB down 5.3%, SODIC down 3.1% and Juhayna down 2.3%. The market turnover was EGP 467 mn, and domestic investors were the sole net sellers.
Foreigners: Net Long | EGP +3.5 mn
Regional: Net Short | EGP +17.1 mn
Domestic: Net Short | EGP -20.5 mn
Retail: 61.9% of total trades | 67.5% of buyers | 56.3% of sellers
Institutions: 38.1% of total trades | 32.5% of buyers | 43.7% of sellers
WTI: USD 54.85 (-0.44%)
Brent: USD 60.22 (-0.26%)
Natural Gas (Nymex, futures prices) USD 2.61 MMBtu, (+1.55%, Oct 2019 contract)
Gold: USD 1,499.50 / troy ounce (-0.52%)
TASI: 7,749.46 (-1.05%) (YTD: -0.99%)
ADX: 5,073.86 (-0.44%) (YTD: +3.23%)
DFM: 2,869.84 (-0.64%) (YTD: +13.44%)
KSE Premier Market: 6,234.50 (-0.26%)
QE: 10,394.90 (-0.64%) (YTD: +0.93%)
MSM: 4,021.14 (+0.02%) (YTD: -7.00%)
BB: 1,535.55 (-0.72%) (YTD: +14.83%)