The Market Yesterday
EGP / USD CBE market average: Buy 16.07 | Sell 16.19
EGP / USD at CIB: Buy 16.07 | Sell 16.17
EGP / USD at NBE: Buy 16.06 | Sell 16.16
EGX30 (Sunday): 13,494 (-0.9%)
Turnover: EGP 238 mn (67% below the 90-day average)
EGX 30 year-to-date: +3.5%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.9%. CIB, the index’s heaviest constituent, ended down 1.2%. EGX30’s top performing constituents were Pioneers Holding up 1.8%, Eastern Co up 1.2%, and Orascom Development Egypt up 1.0%. Yesterday’s worst performing stocks were Credit Agricole down 4.3%, Sidi Kerir Petrochemicals down 3.3% and Qalaa Holdings down 2.3%. The market turnover was EGP 238 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -877.0 mn
Regional: Net Long | EGP +238.0 mn
Domestic: Net Long | EGP +638.9 mn
Retail: 18.2% of total trades | 28.6% of buyers | 7.8% of sellers
Institutions: 81.8% of total trades | 71.4% of buyers | 92.2% of sellers
WTI: USD 58.94 (-0.44%)
Brent: USD 64.12 (-0.42%)
Natural Gas (Nymex, futures prices) USD 2.22 MMBtu (-5.06%, January 2020 contract)
Gold: USD 1,463.80 / troy ounce (-0.09%)
TASI: 8,098.74 (+2.44%) (YTD: +3.48%)
ADX: 5,043.39 (-0.06%) (YTD: +2.61%)
DFM: 2,693.89 (-0.03%) (YTD: +6.49%)
KSE Premier Market: 6,707.46 (+0.78%)
QE: 10,377.26 (+0.18%) (YTD: +0.76%)
MSM: 4,026.04 (-0.07%) (YTD: -6.89%)
BB: 1,549.43 (+0.14%) (YTD: +15.87%)