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Monday, 27 January 2020

The Market Yesterday

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EGP / USD CBE market average: Buy 15.71 | Sell 15.84
EGP / USD at CIB: Buy 15.73 | Sell 15.83
EGP / USD at NBE: Buy 15.75 | Sell 15.85

EGX30 (Sunday): 13,721 (-0.1%)
Turnover: EGP 276 mn (57% below the 90-day average)
EGX 30 year-to-date: -1.7%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.1%. EGX30’s top performing constituents were Egyptian Iron & Steel up 5.0%, Kima up 2.5%, and Credit Agricole up 1.9%. Yesterday’s worst performing stocks were Cleopatra Hospital down 1.7%, Telecom Egypt down 1.4% and SODIC down 1.3%. The market turnover was EGP 276 mn, and regional investors were the sole net buyers.

Foreigners: Net short | EGP -13.6 mn
Regional: Net long | EGP +14.8 mn
Domestic: Net short | EGP -1.2 mn

Retail: 71.7% of total trades | 73.2% of buyers | 70.3% of sellers
Institutions: 28.3% of total trades | 26.8% of buyers | 29.7% of sellers

WTI: USD 54.19 (-2.5%)

Brent: USD 60.69 (-2.2%)

Natural Gas: (Nymex, futures prices) USD 1.89 MMBtu, (-1.7%, February 2020 contract)

Gold: USD 1,578.20 / troy ounce (+0.4%)

TASI: 8,326 (-0.7%) (YTD: -0.7%)
ADX: 5,230 (-0.3%) (YTD: +3.0%)
DFM: 2,821 (-0.6%) (YTD: +2.1%)
KSE Premier Market: 7,068 (-0.5%)
QE: 10,581 (-0.4%) (YTD: +1.5%)
MSM: 4,081 (+0.3%) (YTD: +2.5%)
BB: 1,649 (-0.3%) (YTD: +2.4%)

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