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Thursday, 19 December 2019

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.98 | Sell 16.11
EGP / USD at CIB: Buy 15.98 | Sell 16.08
EGP / USD at NBE: Buy 15.99 | Sell 16.09

EGX30 (Wednesday): 13,794 (+1.2%)
Turnover: EGP 530 mn (28% below the 90-day average)
EGX 30 year-to-date: +5.8%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 1.2%. CIB, the index’s heaviest constituent, ended up 1.7%. EGX30’s top performing constituents were Qalaa Holdings up 4.0%, Sidi Kerir Petrochemicals up 3.3%, and Egyptian Resorts up 2.4%. Yesterday’s worst performing stocks were Ibnsina Pharma down 1.6%, Orascom Development down 1.5% and Cleopatra Hospitals down 0.3%. The market turnover was EGP 530 mn, and domestic investors were the sole net sellers.

Foreigners: Net Long | EGP +24.7 mn
Regional: Net Long | EGP +15.4 mn
Domestic: Net Short | EGP -40.1 mn

Retail: 52.0% of total trades | 51.0% of buyers | 53.0% of sellers
Institutions: 48.0% of total trades | 49.0% of buyers | 47.0% of sellers

WTI: USD 60.91 (-0.05%)
Brent: USD 66.13 (+0.05%)

Natural Gas (Nymex, futures prices) USD 2.20 MMBtu (-1.47%, January 2020 contract)
Gold: USD 1,479.70 / troy ounce (-0.06%)

TASI: 8,253.43 (+0.68%) (YTD: +5.45%)
ADX: 5,094.86 (+0.72%) (YTD: +3.66%)
DFM: 2,787.38 (+1.05%) (YTD: +10.18%)
KSE Premier Market: 6,828.56 (+0.47%)
QE: 10,340.37 (+1.16%) (YTD: +0.40%)
MSM: 3,943.33 (-0.14%) (YTD: -8.80%)
BB: 1,583.74 (+0.01%) (YTD: +18.43%)

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