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Thursday, 26 December 2019

The Market Yesterday

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

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 (Wednesday): 13,748 (-0.4%)
Turnover: EGP 228 mn (68% below the 90-day average)
EGX 30 year-to-date: +5.5%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.4%. CIB, the index’s heaviest constituent, ended down 0.9%. EGX30’s top performing constituents were Ibnsina Pharma up 6.4%, Cleopatra Hospitals up 3.2%, and Credit Agricole up 2.1%. Yesterday’s worst performing stocks were Eastern Co down 3.3%, CIRA down 1.3% and CIB down 0.9%. The market turnover was EGP 228 mn, and regional investors were the sole net buyers.

Foreigners: Net Short | EGP -2.6 mn
Regional: Net Long | EGP +12.2 mn
Domestic: Net Short | EGP -9.7 mn

Retail: 66.8% of total trades | 68.0% of buyers | 65.7% of sellers
Institutions: 33.2% of total trades | 32.0% of buyers | 34.3% of sellers

WTI: USD 61.23 (+0.20%)
Brent: USD 67.20 (+1.22%)

Natural Gas (Nymex, futures prices) USD 2.19 MMBtu (+1.06%, January 2020 contract)
Gold: USD 1,504.00 / troy ounce (-0.05%)

TASI: 8,342.79 (-0.92%) (YTD: +6.59%)
ADX: 5,103.10 (+0.39%) (YTD: +3.83%)
DFM: 2,773.11 (-0.16%) (YTD: +9.62%)
KSE Premier Market: 6,955.86 (-0.32%)
QE: 10,444.52 (+0.14%) (YTD: +1.41%)
MSM: 3,874.87 (-0.63%) (YTD: -10.38%)
BB: 1,063.00 (+0.18%) (YTD: +19.87%)

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