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Tuesday, 31 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 (Monday): 13,937 (+0.9%)
Turnover: EGP 440 mn (36% below the 90-day average)
EGX 30 year-to-date: +6.9%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.9%. CIB, the index’s heaviest constituent, ended up 1.0%. EGX30’s top performing constituents were Cleopatra Hospital up 3.6%, Eastern Co up 2.7%, and Emaar Misr up 2.5%. Yesterday’s worst performing stocks were Palm Hills down 2.3%, Egypian Resorts down 2.0% and Egyptian Iron and Steel down 1.3%. The market turnover was EGP 440 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +45.9 mn
Regional: Net Short | EGP -37.1 mn
Domestic: Net Short | EGP -8..7 mn

Retail: 44.7% of total trades | 44.3% of buyers | 45.1% of sellers
Institutions: 55.1% of total trades | 55.4% of buyers | 54.9% of sellers

WTI: USD 61.63 (-0.08%)
Brent: USD 68.44 (+0.41%)

Natural Gas (Nymex, futures prices) USD 2.19 MMBtu (+0.27%, February 2020 contract)
Gold: USD 1,524.70 / troy ounce (+0.40%)

TASI: 8,345.01 (-0.80%) (YTD: +6.62%)
ADX: 5,091.62 (+0.38%) (YTD: +3.59%)
DFM: 2,769.94 (-0.24%) (YTD: +9.49%)
KSE Premier Market: 6,976.12 (+0.51%)
QE: 10,450.00 (+0.30%) (YTD: +1.47%)
MSM: 3,954.13 (+1.63%) (YTD: -8.55%)
BB: 1,608.29 (+0.08%) (YTD: +20.27%)

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