The Market Yesterday
EGP / USD CBE market average: Buy 15.99 | Sell 16.09
EGP / USD at CIB: Buy 15.99 | Sell 16.09
EGP / USD at NBE: Buy 15.99 | Sell 16.09
EGX30 (Tuesday): 13,805 (-0.7%)
Turnover: EGP 382 mn (46% below the 90-day average)
EGX 30 year-to-date: +5.9%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.7%. CIB, the index’s heaviest constituent, ended down 0.6%. EGX30’s top performing constituents were Eastern Co up 1.8%, Juhayna up 0.2%, and Credit Agricole up 0.2%. Yesterday’s worst performing stocks were Ibnsina Pharma down 5.6%, Cleopatra Hospital down 3.6% and Madinet Nasr Housing down 2.0%. The market turnover was EGP 382 mn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +2.4 mn
Regional: Net Short | EGP -8.6 mn
Domestic: Net Long | EGP +6.3 mn
Retail: 45.3% of total trades | 48.5% of buyers | 42.1% of sellers
Institutions: 54.7% of total trades | 51.5% of buyers | 57.9% of sellers
WTI: USD 61.11 (+0.97%)
Brent: USD 67.20 (+1.22%)
Natural Gas (Nymex, futures prices) USD 2.17 MMBtu (-1.90%, January 2020 contract)
Gold: USD 1,054.80 / troy ounce (+1.80%)
TASI: 8,419.84 (+0.04%) (YTD: +7.58%)
ADX: 5,083.38 (-0.56%) (YTD: +3.42%)
DFM: 2,777.44 (-0.18%) (YTD: +9.79%)
KSE Premier Market: 6,978.28 (+0.04%)
QE: 10,429.82 (-0.81%) (YTD: +1.27%)
MSM: 3,899.29 (+0.03%) (YTD: -9.82%)
BB: 1,600.17 (+0.07%) (YTD: +19.66%)