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Monday, 7 October 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.23 | Sell 16.36
EGP / USD at CIB: Buy 16.24 | Sell 16.34
EGP / USD at NBE: Buy 16.23 | Sell 16.33

EGX30 (Thursday): 14,218 (-1.1%)
Turnover: EGP 899 mn (30% above the 90-day average)
EGX 30 year-to-date: +9.1%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 1.1%. CIB, the index’s heaviest constituent, ended down 1.2%. EGX30’s top performing constituents were Egyptian Iron & Steel up 6.2%, Ezz Steel up 6.0%, and Cleopatra Hospital up 3.7%. Thursday’s worst performing stocks were Pioneers Holding down 3.8%, TMG Holding down 3.6% and CIRA down 3.5%. The market turnover was EGP 899 mn, and local investors were the sole net buyers.

Foreigners: Net short | EGP -8.2 mn
Regional: Net short | EGP -15.3 mn
Domestic: Net long | EGP +23.5 mn

Retail: 63.1% of total trades | 64.0% of buyers | 62.1% of sellers
Institutions: 36.9% of total trades | 36.0% of buyers | 37.9% of sellers

WTI: USD 52.81 (+0.7%)
Brent: USD 58.37 (+1.1%)

Natural Gas (Nymex, futures prices) USD 2.35 MMBtu, (+1.0%, November 2019 contract)
Gold: USD 1,512.90 / troy ounce (-0.1%)

TASI: 7,962 (+0.5%) (YTD: +1.7%)
ADX: 5,035 (+0.2%) (YTD: +2.5%)
DFM: 2,781 (+0.7%) (YTD: +10.0%)
KSE Premier Market: 6,165 (+0.8%)
QE: 10,313 (+0.0%) (YTD: +0.1%)
MSM: 4,026 (+0.0%) (YTD: -6.9%)
BB: 1,511 (-0.0%) (YTD: +13.1%)

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