The Market Yesterday
EGP / USD CBE market average: Buy 16.05 | Sell 16.17
EGP / USD at CIB: Buy 16.05 | Sell 16.15
EGP / USD at NBE: Buy 16.05 | Sell 16.15
EGX30 (Thursday): 14,095 (-0.9%)
Turnover: EGP 619 mn (14% below the 90-day average)
EGX 30 year-to-date: +8.1%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.9%. CIB, the index’s heaviest constituent, ended down 2.1%. EGX30’s top performing constituents were Sidi Kerir Petrochemicals up 2.1%, TMG Holding up 1.0%, and Eastern Company up 0.9%. Thursday’s worst performing stocks were CIB down 2.1%, Credit Agricole down 2.1% and Kima down 1.6%. The market turnover was EGP 619 mn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -14.7 mn
Regional: Net short | EGP -13.3 mn
Domestic: Net long | EGP +28.0 mn
Retail: 56.9% of total trades | 55.4% of buyers | 58.4% of sellers
Institutions: 43.1% of total trades | 44.6% of buyers | 41.6% of sellers
WTI: USD 57.77 (-1.4%)
Brent: USD 63.39 (-0.9%)
Natural Gas (Nymex, futures prices) USD 2.67 MMBtu, (+3.8%, December 2019 contract)
Gold: USD 1,470.50 / troy ounce (+0.0%)
TASI: 8,062 (+0.1%) (YTD: +3.0%)
ADX: 5,041 (-1.0%) (YTD: +2.6%)
DFM: 2,684 (-0.7%) (YTD: +6.1%)
KSE Premier Market: 6,313 (+0.0%)
QE: 10,267 (-0.7%) (YTD: -0.3%)
MSM: 4,082 (-0.1%) (YTD: -5.6%)
BB: 1,505 (-0.3%) (YTD: +12.6%)