The Market Yesterday
EGP / USD CBE market average: Buy 16.03 | Sell 16.16
EGP / USD at CIB: Buy 16.04 | Sell 16.14
EGP / USD at NBE: Buy 16.05 | Sell 16.15
EGX30 (Tuesday): 14,313 (-0.5%)
Turnover: EGP 558 mn (23% below the 90-day average)
EGX 30 year-to-date: +9.8%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.5%. CIB, the index’s heaviest constituent, ended down 0.3%. EGX30’s top performing constituents were Cleopatra Hospital up 0.5%, Qalaa Holdings up 0.4%, and SODIC up 0.3%. Yesterday’s worst performing stocks were Telecom Egypt down 2.2%, Emaar Misr down 2.1% and ADIB down 1.7%. The market turnover was EGP 558 mn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -7.8 mn
Regional: Net short | EGP -20.0 mn
Domestic: Net long | EGP +27.8 mn
Retail: 48.2% of total trades | 43.3% of buyers | 53.1% of sellers
Institutions: 51.8% of total trades | 56.7% of buyers | 46.9% of sellers
WTI: USD 55.21 (-3.2%)
Brent: USD 60.83 (-2.6%)
Natural Gas (Nymex, futures prices) USD 2.51 MMBtu, (-2.2%, December 2019 contract)
Gold: USD 1,474.30 / troy ounce (+0.2%)
TASI: 8,045 (+0.6%) (YTD: +2.8%)
ADX: 5,087 (+0.8%) (YTD: +3.5%)
DFM: 2,701 (+0.7%) (YTD: +6.8%)
KSE Premier Market: 6,308 (+0.5%)
QE: 10,340 (+0.4%) (YTD: +0.4%)
MSM: 4,087 (+0.0%) (YTD: -5.5%)
BB: 1,506 (+0.3%) (YTD: +12.7%)