The Market Yesterday
EGP / USD CBE market average: Buy 16.18 | Sell 16.30
EGP / USD at CIB: Buy 16.2 | Sell 16.3
EGP / USD at NBE: Buy 16.21 | Sell 16.31
EGX30 (Monday): 14,181 (-0.3%)
Turnover: EGP 566 mn (19% below the 90-day average)
EGX 30 year-to-date: +8.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.3%. CIB, the index’s heaviest constituent, ended up 0.01%. EGX30’s top performing constituents were Madinet Nasr Housing up 1.3%, Cleopatra Hospital up 0.6%, and Sidi Kerir Petrochemicals up 0.6%. Yesterday’s worst performing stocks were Ezz Steel down 3.4%, Egyptian Iron & Steel down 3.1% and Juhayna down 2.4%. The market turnover was EGP 566 mn, and foreign investors were the sole net sellers.
Foreigners: Net short | EGP -57.7 mn
Regional: Net long | EGP +15.5 mn
Domestic: Net long | EGP +42.2 mn
Retail: 64.3% of total trades | 65.9% of buyers | 62.6% of sellers
Institutions: 35.7% of total trades | 34.1% of buyers | 37.4% of sellers
WTI: USD 53.59 (-2.0%)
Brent: USD 59.26 (-2.1%)
Natural Gas (Nymex, futures prices) USD 2.28 MMBtu, (+3.0%, November 2019 contract)
Gold: USD 1,497.60/ troy ounce (+0.6%)
TASI: 7,599 (-0.4%) (YTD: -2.9%)
ADX: 5,087 (-0.0%) (YTD: +3.5%)
DFM: 2,839 (+0.5%) (YTD: +12.2%)
KSE Premier Market: 6,225 (-0.0%)
QE: 10,404 (+1.2%) (YTD: +1.0%)
MSM: 4,013 (+0.0%) (YTD: -7.2%)
BB: 1,521 (+0.1%) (YTD: +13.8%)