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Monday, 23 December 2019

The Market Yesterday

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

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

EGX30 (Sunday): 13,893 (+0.4%)
Turnover: EGP 384 mn (47% below the 90-day average)
EGX 30 year-to-date: +6.6%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.4%. CIB, the index’s heaviest constituent, ended up 0.6%. EGX30’s top performing constituents were Pioneers Holding up 2.5%, Madinet Nasr Housing up 2.1%, and Orascom Development Holding up 1.7%. Yesterday’s worst performing stocks were Ibnsina Pharma down 1.0%, Sidi Kerir Petrochemicals down 0.9% and Ezz Steel down 0.7%. The market turnover was EGP 384 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +52.7 mn
Regional: Net Short | EGP -10.8 mn
Domestic: Net Short | EGP -42.0 mn

Retail: 55.9% of total trades | 51.0% of buyers | 60.8% of sellers
Institutions: 44.1% of total trades | 49.0% of buyers | 39.2% of sellers

WTI: USD 60.30 (-0.23%)
Brent: USD 65.98 (-0.24%)

Natural Gas (Nymex, futures prices) USD 2.25 MMBtu (-3.31%, January 2020 contract)
Gold: USD 1,484.90 / troy ounce (+0.27%)

TASI: 8,300.73 (+0.11%) (YTD: +6.06%)
ADX: 5,075.49 (-0.33%) (YTD: +3.26%)
DFM: 2,763.02 (-0.20%) (YTD: +9.22%)
KSE Premier Market: 6,973.73 (+1.51%)
QE: 10,474.13 (+1.29%) (YTD: +1.70%)
MSM: 3,927.57 (+0.28%) (YTD: -9.16%)
BB: 1,593.27 (+0.58%) (YTD: +19.14%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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