The Market Yesterday
EGP / USD CBE market average: Buy 16.29 | Sell 16.42
EGP / USD at CIB: Buy 16.29 | Sell 16.39
EGP / USD at NBE: Buy 16.33 | Sell 16.43
EGX30 (Monday): 14,970 (-0.4%)
Turnover: EGP 1.5 bn (138% above the 90-day average)
EGX 30 year-to-date: +14.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.4%. CIB, the index’s heaviest constituent, ended down 0.2%. EGX30’s top performing constituents were Eastern Co up 2.5%, Juhayna up 2.4%, and Cleopatra Hospitals up 2.2%. Yesterday’s worst performing stocks were Egyptian Resorts down 4.2%, Oriental Weavers down 2.4% and Orascom Development Egypt down 2.3%. The market turnover was EGP 1.5 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -111.1 mn
Regional: Net Long | EGP +79.4 mn
Domestic: Net Long | EGP +31.7 mn
Retail: 27.9% of total trades | 28.8% of buyers | 27.0% of sellers
Institutions: 72.1% of total trades | 71.2% of buyers | 73.0% of sellers
WTI: USD 61.90 (-1.59%)
Brent: USD 69.02 (+14.61%)
Natural Gas (Nymex, futures prices) USD 2.68 MMBtu, (0.00%, Oct 2019 contract)
Gold: USD 1,505.40 / troy ounce (-0.40%)
TASI: 7,827.17 (+1.00%) (YTD: +0.01%)
ADX: 5,160.73 (+1.71%) (YTD: +5.00%)
DFM: 2,878.04 (+0.29%) (YTD: +13.77%)
KSE Premier Market: 6,100.57 (-2.15%)
QE: 10,511.58 (+1.12%) (YTD: +2.06%)
MSM: 4,008.93 (-0.30%) (YTD: -7.28%)
BB: 1,524.33 (-0.73%) (YTD: +13.99%)