The Market Yesterday
EGP / USD CBE market average: Buy 16.08 | Sell 16.21
EGP / USD at CIB: Buy 16.09 | Sell 16.19
EGP / USD at NBE: Buy 16.09 | Sell 16.19
EGX30 (Monday): 14,770 (-0.2%)
Turnover: EGP 911 mn (25% above the 90-day average)
EGX 30 year-to-date: +13.3%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.2%. CIB, the index’s heaviest constituent, ended down 0.4%. EGX30’s top performing constituents were Egyptian Resorts up 5.5%, Oriental Weavers up 2.3%, and Ezz Steel up 1.8%. Yesterday’s worst performing stocks were AMOC down 4.3%, Sidi Kerir Petrochemicals down 3.9% and Orascom Construction down 2.1%. The market turnover was EGP 910 mn, and regional investors were the sole net sellers.
Foreigners: Net long | EGP +9.7 mn
Regional: Net short | EGP -26.6 mn
Domestic: Net long | EGP +16.9 mn
Retail: 49.4% of total trades | 46.6% of buyers | 52.1% of sellers
Institutions: 50.6% of total trades | 53.4% of buyers | 47.9% of sellers
WTI: USD 56.86 (-0.7%)
Brent: USD 62.30 (-0.3%)
Natural Gas (Nymex, futures prices) USD 2.64 MMBtu, (-5.5%, December 2019 contract)
Gold: USD 1,457.10 / troy ounce (-0.4%)
TASI: 7,922 (+0.6%) (YTD: +1.2%)
ADX: 5,087 (-0.1%) (YTD: +3.5%)
DFM: 2,673 (+0.5%) (YTD: +5.7%)
KSE Premier Market: 6,256 (+0.1%)
QE: 10,303 (+0.4%) (YTD: +0.1%)
MSM: 4,072 (+0.8%) (YTD: -5.8%)
BB: 1,515 (-0.2%) (YTD: +13.4%)