The Market Yesterday
EGP / USD CBE market average: Buy 16.24 | Sell 16.36
EGP / USD at CIB: Buy 16.24 | Sell 16.34
EGP / USD at NBE: Buy 16.24 | Sell 16.34
EGX30 (Monday): 13,753 (-1.5%)
Turnover: EGP 1.3 bn (98% above the 90-day average)
EGX 30 year-to-date: +5.5%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.5%. CIB, the index’s heaviest constituent, ended down 2.5%. EGX30’s top performing constituents were Cleopatra Hospital up 4.7%, Egyptian Resorts up 4.2%, and Eastern Co up 3.9%. Yesterday’s worst performing stocks were Orascom Investment Holding down 7.3%, Egyptian Iron & Steel down 7.0% and Ezz Steel down 6.3%. The market turnover was EGP 1.3 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -213.8 mn
Regional: Net Long | EGP +11.3 mn
Domestic: Net Long | EGP +202.5 mn
Retail: 42.7% of total trades | 39.8% of buyers | 45.6% of sellers
Institutions: 57.3% of total trades | 60.2% of buyers | 54.4% of sellers
WTI: USD 58.38 (-0.44%)
Brent: USD 64.77 (+0.76%)
Natural Gas (Nymex, futures prices) USD 2.53 MMBtu, (+0.20%, Oct 2019 contract)
Gold: USD 1,527.40 / troy ounce (-0.27%)
TASI: 7,954.14 (+0.34%) (YTD: +1.63%)
ADX: 5,075.30 (-0.93%) (YTD: +3.26%)
DFM: 2,835.27 (+0.67%) (YTD: +12.08%)
KSE Premier Market: 6,253.75 (+1.11%)
QE: 10,362.85 (-0.81%) (YTD: +0.62%)
MSM: 4,006.70 (+1.04%) (YTD: -7.33%)
BB: 1,519.43 (+0.50%) (YTD: +13.62%)