The Market Yesterday
EGP / USD CBE market average: Buy 16.08 | Sell 16.20
EGP / USD at CIB: Buy 16.08 | Sell 16.18
EGP / USD at NBE: Buy 16.07 | Sell 16.17
EGX30 (Monday): 13,443 (-0.4%)
Turnover: EGP 431 mn (40% below the 90-day average)
EGX 30 year-to-date: +3.1%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.4%. CIB, the index’s heaviest constituent, ended down 0.1%. EGX30’s top performing constituents were Credit Agricole up 3.2%, CIRA up 2.5%, and Egyptian Iron and Steel up 0.8%. Yesterday’s worst performing stocks were Egyptian Resorts down 3.2%, Cleopatra Hospitals down 2.8% and Sidi Kerir Petrochemicals down 2.5%. The market turnover was EGP 431 mn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -103.9 mn
Regional: Net Short | EGP -4.1 mn
Domestic: Net Long | EGP +108.1 mn
Retail: 37.1% of total trades | 31.5% of buyers | 42.7% of sellers
Institutions: 62.9% of total trades | 68.5% of buyers | 57.3% of sellers
WTI: USD 58.88 (-0.24%)
Brent: USD 64.25 (-0.22%)
Natural Gas (Nymex, futures prices) USD 2.24 MMBtu (+0.31%, January 2020 contract)
Gold: USD 1,465.50 / troy ounce (+0.04%)
TASI: 8,120.01 (+0.26%) (YTD: +3.75%)
ADX: 5,023.04 (-0.40%) (YTD: +2.20%)
DFM: 2,684.44 (-0.35%) (YTD: +6.11%)
KSE Premier Market: 6,747.19 (+0.59%)
QE: 10,277.02 (-0.97%) (YTD: -0.21%)
MSM: 4,020.87 (-0.13%) (YTD: -7.00%)
BB: 1,549.43 (+0.14%) (YTD: +15.87%)