The Market Yesterday
EGP / USD CBE market average: Buy 15.97 | Sell 16.09
EGP / USD at CIB: Buy 15.98 | Sell 16.08
EGP / USD at NBE: Buy 15.99 | Sell 16.09
EGX30 (Tuesday): 13,627 (+1.7%)
Turnover: EGP 1.1 bn (50% above the 90-day average)
EGX 30 year-to-date: +4.5%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.7%. CIB, the index’s heaviest constituent, ended up 1.5%. EGX30’s top performing constituents were CIRA up 7.0%, Qalaa Holding up 4.6%, and Cleopatra Hospitals up 3.9%. Yesterday’s worst performing stocks were Egypt Kuwait Holding down 0.6%, Juhayna down 0.1% and Credit Agricole down 0.1%. The market turnover was EGP 1.1 bn, and domestic investors were the sole net sellers.
Foreigners: Net Long | EGP +35.4 mn
Regional: Net Long | EGP +11.2 mn
Domestic: Net Short | EGP -46.6 mn
Retail: 50.1% of total trades | 36.7% of buyers | 63.6% of sellers
Institutions: 49.9% of total trades | 63.3% of buyers | 36.4% of sellers
WTI: USD 60.60 (-0.56%)
Brent: USD 66.10 (+1.16%)
Natural Gas (Nymex, futures prices) USD 2.32 MMBtu (-0.04%, January 2020 contract)
Gold: USD 1,480.30 / troy ounce (-0.02%)
TASI: 8,197.39 (+0.72%) (YTD: +4.74%)
ADX: 5,058.61 (+0.39%) (YTD: +2.92%)
DFM: 2,758.39 (+0.80%) (YTD: +9.04%)
KSE Premier Market: 6,796.55 (-0.27%)
QE: 10,340.37 (+1.16%) (YTD: +0.40%)
MSM: 3,948.86 (-0.05%) (YTD: -8.67%)
BB: 1,583.65 (+1.03%) (YTD: +18.42%)