The Market Yesterday
EGP / USD CBE market average: Buy 15.73 | Sell 15.83
EGP / USD at CIB: Buy 15.73 | Sell 15.83
EGP / USD at NBE: Buy 15.75 | Sell 15.85
EGX30 (Monday): 13,640 (-0.6%)
Turnover: EGP 410 mn (36% below the 90-day average)
EGX 30 year-to-date: -2.3%
THE MARKET ON MONDAY: The EGX30 ended Monday session down 0.6%. CIB, the index’s heaviest constituent, ended down 0.1%. EGX30’s top performing constituents were Pioneers Holding up 0.2%, Juhayna up 0.1%, and Ibnsina Pharma up 0.1%. Yesterday’s worst performing stocks were SODIC down 3.5%, Orascom Development down 3.4% and Kima down 3.1%. The market turnover was EGP 410 mn, and foreign investors were the sole net buyers.
Foreigners: Net long | EGP +40.3 mn
Regional: Net short | EGP -2.7 mn
Domestic: Net short | EGP -37.5 mn
Retail: 53.6% of total trades | 49.4% of buyers | 57.8% of sellers
Institutions: 46.4% of total trades | 50.6% of buyers | 42.2% of sellers
WTI: USD 53.14 (-1.9%)
Brent: USD 58.90 (-3.0%)
Natural Gas (Nymex, futures prices) USD 1.90 MMBtu, (+0.5%, February 2020 contract)
Gold: USD 1,583.70 / troy ounce (+0.4%)
TASI: 8,178 (-1.8%) (YTD: -2.5%)
ADX: 5,167 (-1.2%) (YTD: +1.8%)
DFM: 2,788 (-1.2%) (YTD: +0.9%)
KSE Premier Market: 6,999 (-1.0%)
QE: 10,489 (-0.9%) (YTD: +0.6%)
MSM: 4,070 (-0.3%) (YTD: +2.3%)
BB: 1,646 (-0.1%) (YTD: +2.3%)