The Market Yesterday
EGP / USD CBE market average: Buy 15.86 | Sell 15.96
EGP / USD at CIB: Buy 15.86 | Sell 15.96
EGP / USD at NBE: Buy 15.88 | Sell 15.98
EGX30 (Monday): 13,698 (-0.75%)
Turnover: EGP 1.13 bn (67% above the 90-day average)
EGX 30 year-to-date: -1.88%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.75%. CIB, the index’s heaviest constituent, ended down 1.2%. EGX30’s top performing constituents were Orascom Investment Holding up 1.1%, Qalaa Holding up 0.9%, and Eastern Company up 0.7%. Yesterday’s worst performing stocks were Pioneers Holding down 4.8%, Ibnsina down 3.0% and Emaar Misr for Development down 2.8%. The market turnover was EGP 1.13 bn, and regional investors were the sole net buyers.
Foreigners: Net short | EGP -75.6 mn
Regional: Net long | EGP +224.5 mn
Domestic: Net short | EGP -149.0 mn
Retail: 46.3% of total trades | 38.7% of buyers | 54.0% of sellers
Institutions: 53.7% of total trades | 61.3% of buyers | 46.0% of sellers
WTI: USD 58.02 (-0.1%)
Brent: USD 64.20 (-1.2%)
Natural Gas (Nymex, futures prices) USD 2.19 MMBtu, (+0.4%, February 2020 contract)
Gold: USD 1,549 / troy ounce (-0.1%)
TASI: 8,441 (+0.8%) (YTD: +0.6%)
ADX: 5,113 (+0.6%) (YTD: +0.8%)
DFM: 2,775 (+0.8%) (YTD: +0.4%)
KSE Premier Market: 6,929 (+1.9%)
QE: 10,567 (+0.6%) (YTD: +1.4%)
MSM: 3,977 (+0.8%) (YTD: -0.1%)
BB: 1,601 (+0.1%) (YTD: -0.5%)