The Market Yesterday
EGP / USD CBE market average: Buy 16.20 | Sell 16.33
EGP / USD at CIB: Buy 16.21 | Sell 16.31
EGP / USD at NBE: Buy 16.23 | Sell 16.33
EGX30 (Monday): 14,258 (-0.4%)
Turnover: EGP 688 mn (2% above the 90-day average)
EGX 30 year-to-date: +9.4%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.4%. CIB, the index’s heaviest constituent, ended down 1.5%. EGX30’s top performing constituents were CIRA up 6.0%, Qalaa Holdings up 5.2%, and Juhayna up 3.6%. Yesterday’s worst performing stocks were Oriental Weavers down 1.6%, CIB down 1.5% and Ibnsina Pharma down 1.5%. The market turnover was EGP 688 mn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -14.0 mn
Regional: Net short | EGP -23.1 mn
Domestic: Net long | EGP +37.1 mn
Retail: 56.7% of total trades | 56.7% of buyers | 56.7% of sellers
Institutions: 43.3% of total trades | 43.3% of buyers | 43.3% of sellers
WTI: USD 54.27 (+0.4%)
Brent: USD 60.78 (-1.8%)
Natural Gas (Nymex, futures prices) USD 2.33 MMBtu, (-0.2%, November 2019 contract)
Gold: USD 1,479 / troy ounce (+0.4%)
TASI: 8,091 (+0.5%) (YTD: +3.4%)
ADX: 5,057 (-0.3%) (YTD: +2.9%)
DFM: 2,781 (+0.0%) (YTD: +9.9%)
KSE Premier Market: 6,174 (-0.4%)
QE: 10,367 (-0.3%) (YTD: +0.7%)
MSM: 4,017 (-0.4%) (YTD: -7.0%)
BB: 1,516 (-0.1%) (YTD: +13.4%)