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Sunday, 27 October 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.07 | Sell 16.20
EGP / USD at CIB: Buy 16.08 | Sell 16.18
EGP / USD at NBE: Buy 16.10 | Sell 16.20

EGX30 (Thursday): 14,206 (+0.6%)
Turnover: EGP 555 mn (21% below the 90-day average)
EGX 30 year-to-date: +9.0%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.6%. CIB, the index’s heaviest constituent, ended down 0.2%. EGX30’s top performing constituents were Eastern Co up 3.1%, Orascom Investment Holding up 3.1% and Qalaa Holding up 3.0%. Thursday’s worst performing stocks were Egyptian Resorts down 0.8%, CIB down 0.2% and Telecom Egypt down 0.1%. The market turnover was EGP 555 mn, and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +13.4 mn
Regional: Net short | EGP -6.3 mn
Domestic: Net short | EGP -7.1 mn

Retail: 51.7% of total trades | 41.0% of buyers | 52.4% of sellers
Institutions: 48.3% of total trades | 49.0% of buyers | 47.6% of sellers

WTI: USD 56.66 (+0.8%)
Brent: USD 62.02 (+0.6%)

Natural Gas (Nymex, futures prices) USD 2.30 MMBtu, (-0.7%, November 2019 contract)
Gold: USD 1,505.30 / troy ounce (+0.0%)

TASI: 7,913 (+0.3%) (YTD: +1.1%)
ADX: 5,163 (+0.2%) (YTD: +5.0%)
DFM: 2,784 (+0.1%) (YTD: +10.1%)
KSE Premier Market: 6,284 (+0.0%)
QE: 10,377 (+0.2%) (YTD: +0.8%)
MSM: 3,989 (-0.2%) (YTD: -7.8%)
BB: 1,526 (+0.1%) (YTD: +14.2%)

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