The Market Yesterday
EGP / USD CBE market average: Buy 15.99 | Sell 16.11
EGP / USD at CIB: Buy 15.99 | Sell 16.09
EGP / USD at NBE: Buy 15.99 | Sell 16.09
EGX30 (Monday): 13,212 (-0.5%)
Turnover: EGP 564 mn (17% below the 90-day average)
EGX 30 year-to-date: -5.4%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.5%. CIB, the index’s heaviest constituent, ended up 0.1%. The EGX30’s top performing constituents were Juhayna up 3.8%, Cleopatra Hospital up 3.4%, and Elsewedy Electric up 1.9%. Yesterday’s worst performing stocks were Ezz Steel down 8.6%, Egyptian Iron & Steel down 6.3% and Egyptian Resorts down 6.0%. The market turnover was EGP 564 mn, and local investors were the sole net sellers.
Foreigners: Net long | EGP +11.8 mn
Regional: Net long | EGP +6.3 mn
Domestic: Net short | EGP -18.1 mn
Retail: 57.3% of total trades | 54.2% of buyers | 60.5% of sellers
Institutions: 42.7% of total trades | 45.8% of buyers | 39.5% of sellers
WTI: USD 62.63 (-1.0%)
Brent: USD 68.18 (-1.1%)
Natural Gas (Nymex, futures prices) USD 2.15 MMBtu, (+0.8%, February 2020 contract)
Gold: USD 1,573.60 / troy ounce (+0.3%)
TASI: 8,198 (-0.1%) (YTD: -2.3%)
ADX: 5,056 (+1.0%) (YTD: -0.4%)
DFM: 2,746 (+2.0%) (YTD: -0.7%)
KSE Premier Market: 6,808 (+1.3%)
QE: 10,381 (-0.3%) (YTD: -0.4%)
MSM: 3,948 (-0.1%) (YTD: -0.8%)
BB: 1,592 (+0.5%) (YTD: -1.1%)