The Market Yesterday
EGP / USD CBE market average: Buy 16.06 | Sell 16.18
EGP / USD at CIB: Buy 16.06 | Sell 16.16
EGP / USD at NBE: Buy 16.05 | Sell 16.15
EGX30 (Monday): 13,538 (-1.8%)
Turnover: EGP 658 mn (8% below the 90-day average)
EGX 30 year-to-date: +3.9%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up/down 1.8%. CIB, the index’s heaviest constituent, ended down 0.3%. EGX30’s top performing constituents were Credit Agricole up 0.5% and Egypt Kuwait Holding up 0.1%. Yesterday’s worst performing stocks were Egyptian Resorts down 6.2%, SODIC down 5.8% and Sidi Kerir Petrochemicals down 5.4%. The market turnover was EGP 658 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +62.5 mn
Regional: Net Short | EGP -93.3 mn
Domestic: Net Long | EGP +30.8 mn
Retail: 51.8% of total trades | 47.7% of buyers | 55.9% of sellers
Institutions: 48.2% of total trades | 52.3% of buyers | 44.1% of sellers
WTI: USD 56.11 (+0.27%)
Brent: USD 60.92 (+0.71%)
Natural Gas (Nymex, futures prices) USD 2.35 MMBtu, (+0.82%, January 2020 contract)
Gold: USD 1,467.80 / troy ounce (-0.10%)
TASI: 7,833.38 (-0.87%) (YTD: +0.08%)
ADX: 5,030.76 (-0.25%) (YTD: +2.35%)
DFM: 2,678.80 (-1.22%) (YTD: +5.89%)
KSE Premier Market: 6,661.78 (+0.43%)
QE: 10,182.12 (-0.10%) (YTD: -1.13%)
MSM: 4,075.11 (+0.25%) (YTD: -5.75%)
BB: 1,537.85 (+0.33%) (YTD: +15.00%)