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Monday, 4 November 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.06 | Sell 16.19
EGP / USD at CIB: Buy 16.07 | Sell 16.17
EGP / USD at NBE: Buy 16.09 | Sell 16.19

EGX30 (Sunday): 14,622 (+0.4%)
Turnover: EGP 563 mn (22% below the 90-day average)
EGX 30 year-to-date: +12.2%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.4%. CIB, the index’s heaviest constituent, ended down 0.1%. EGX30’s top performing constituents were Sidi Kerir Petrochemicals up 10.1%, Alexandria Mineral Oils Company up 5.4%, and Kima up 5.3%. Yesterday’s worst performing stocks were Emaar Misr down 1.0%, Orascom Construction down 0.9% and Juhayna down 0.5%. The market turnover was EGP 563 mn, and regional investors were the sole net sellers.

Foreigners: Net long | EGP +27.5 mn
Regional: Net short | EGP -30.7 mn
Domestic: Net long | EGP +3.2 mn

Retail: 78.1% of total trades | 73.3% of buyers | 82.9% of sellers
Institutions: 21.9% of total trades | 26.7% of buyers | 17.1% of sellers

WTI: USD 56.20 (+3.70%)

Brent: USD 61.69 (+3.5%)

Natural Gas: (Nymex, futures prices) USD 2.71 MMBtu, (+3.10%, December 2019 contract)

Gold: USD 1,511.40 / troy ounce (-0.2%)

TASI: 7,590 (-2.0%) (YTD: -3.0%)
ADX: 5,113 (+0.1%) (YTD: +4.0%)
DFM: 2,706 (-1.5%) (YTD: +7.0%)
KSE Premier Market: 6,196 (-0.2%)
QE: 10,196 (+0.1%) (YTD: -1.0%)
MSM: 4,007 (+0.2%) (YTD: -7.3%)
BB: 1,520 (-0.2%) (YTD: +13.7%)

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