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Thursday, 5 December 2019

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

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

EGX30 (Wednesday): 13,636 (+1.2%)
Turnover: EGP 801 mn (11% above the 90-day average)
EGX 30 year-to-date: +4.6%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 1.2%. CIB, the index’s heaviest constituent, ended up 0.5%. EGX30’s top performing constituents were Sidi Kerir Petrochemicals up 6.2%, Ezz Steel up 5.6%, and Egyptian Resorts up 4.8%. Yesterday’s worst performing stocks were Cleopatra Hospitals down 2.6%, Credit Agricole down 0.6%. The market turnover was EGP 801 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +94.1 mn
Regional: Net Short | EGP -9.6 mn
Domestic: Net Short | EGP -84.5 mn

Retail: 38.4% of total trades | 41.5% of buyers | 35.3% of sellers
Institutions: 61.6% of total trades | 58.5% of buyers | 64.7% of sellers

WTI: USD 58.43 (+4.15%)
Brent: USD 63.03 (+3.63%)

Natural Gas (Nymex, futures prices) USD 2.40 MMBtu, (-1.72%, January 2020 contract)
Gold: USD 1,480.20 / troy ounce (-0.28%)

TASI: 7,871.20 (-0.20%) (YTD: +0.57%)
ADX: 5,047.97 (+0.34%) (YTD: +2.70%)
DFM: 2,695.62 (+0.63%) (YTD: +6.56%)
KSE Premier Market: 6,644.18 (+0.32%)
QE: 10,272.11 (+0.84%) (YTD: -0.26%)
MSM: 4,040.36 (-0.41%) (YTD: -6.55%)
BB: 1,544.12 (+0.23%) (YTD: +15.47%)

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