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Thursday, 9 January 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.00 | Sell 16.10
EGP / USD at CIB: Buy 15.99 | Sell 16.09
EGP / USD at NBE: Buy 15.98 | Sell 16.08

EGX30 (Wednesday): 13,542 (+2.5%)
Turnover: EGP 785 mn (15% above the 90-day average)
EGX 30 year-to-date: -3%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 2.5%. CIB, the index’s heaviest constituent, ended up 2.5%. EGX30’s top performing constituents were Egyptian Resorts up 7.8%, Emaar Misr up 7.1%, and SODIC up 5.4%. The market turnover was EGP 785 mn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -14.6 mn
Regional: Net long | EGP +1.9 mn
Domestic: Net long | EGP +12.7 mn

Retail: 46.3% of total trades | 42.3% of buyers | 50.4% of sellers
Institutions: 53.7% of total trades | 57.7% of buyers | 49.6% of sellers

WTI: USD 60.12 (-4.1%)
Brent: USD 65.91 (-3.5%)

Natural Gas (Nymex, futures prices) USD 2.15 MMBtu, (-0.6%, February 2020 contract)
Gold: USD 1,557.70 / troy ounce (-1.1%)

TASI: 8,124 (-0.9%) (YTD: -3.2%)
ADX: 5,019 (-0.7%) (YTD: -1.1%)
DFM: 2,713 (-1.2%) (YTD: -1.9%)
KSE Premier Market: 6,799 (-0.1%)
QE: 10,337 (+3.2%) (YTD: -0.9%)
MSM: 3,944 (-0.1%) (YTD: -0.9%)
BB: 1,585 (-0.4%) (YTD: -1.5%)

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