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Sunday, 17 November 2019

The Market Yesterday

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Pharos Holding -

EGP / USD CBE market average: Buy 16.05 | Sell 16.18
EGP / USD at CIB: Buy 16.06 | Sell 16.16
EGP / USD at NBE: Buy 16.07 | Sell 16.17

EGX30 (Thursday): 14,545 (-0.4%)
Turnover: EGP 629 mn (14% below the 90-day average)
EGX 30 year-to-date: +11.6%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.4%. CIB, the index’s heaviest constituent, ended down 0.6%. EGX30’s top performing constituents were Juhayna up 2.7%, Ibnsina Pharma up 1.9%, and Pioneers Holding up 1.3%. Thursday’s worst performing stocks were AMOC down 4.0%, Sidi Kerir Petrochemicals down 2.9% and Telecom Egypt down 2.2%. The market turnover was EGP 629 mn, and local investors were the sole net buyers.

Foreigners: Net short | EGP -70.1 mn
Regional: Net short | EGP -6.2 mn
Domestic: Net long | EGP +76.2 mn

Retail: 60.8% of total trades | 65.0% of buyers | 56.6% of sellers
Institutions: 39.2% of total trades | 35.0% of buyers | 43.4% of sellers

WTI: USD 57.72 (+1.7%)
Brent: USD 63.30 (+1.6%)

Natural Gas (Nymex, futures prices) USD 2.69 MMBtu, (+1.6%, December 2019 contract)
Gold: USD 1,468 / troy ounce (-0.3%)

TASI: 7,924 (-0.1%) (YTD: +1.3%)
ADX: 5,137 (+1.3%) (YTD: +4.5%)
DFM: 2,701 (+1.9%) (YTD: +6.8%)
KSE Premier Market: 6,254 (-0.2%)
QE: 10,363 (+0.8%) (YTD: +0.6%)
MSM: 4,083 (+0.4%) (YTD: -5.6%)
BB: 1,504 (-0.4%) (YTD: +12.5%)

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