The Market Yesterday
EGP / USD CBE market average: Buy 15.74 | Sell 15.84
EGP / USD at CIB: Buy 15.74 | Sell 15.84
EGP / USD at NBE: Buy 15.75 | Sell 15.85
EGX30 (Thursday): 13,918 (+1.1%)
Turnover: EGP 806 mn (28% above the 90-day average)
EGX 30 year-to-date: -0.3%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1.1%. CIB, the index’s heaviest constituent, ended up 0.3%. EGX30’s top performing constituents were Telecom Egypt up 10.0%, Sidi Kerir Petrochemicals up 6.5%, and AMOC up 5.2%. Thursday’s worst performing stocks were Orascom Construction down 1.2%, Cleopatra Hospital down 1.2% and Ibnsina Pharma down 1.0%. The market turnover was EGP 806 mn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -22.9 mn
Regional: Net Short | EGP -5.1 mn
Domestic: Net Long | EGP +27.9 mn
Retail: 59.1% of total trades | 59.5% of buyers | 58.6% of sellers
Institutions: 40.9% of total trades | 40.5% of buyers | 41.4% of sellers
WTI: USD 51.56 (-1.11%)
Brent: USD 56.62 (-1.24%)
Natural Gas (Nymex, futures prices) USD 1.84 MMBtu, (+0.66%, March 2020 contract)
Gold: USD 1,587.90 / troy ounce (-0.08%)
TASI: 8,246.59 (+0.75%) (YTD: -1.70%)
ADX: 5,156.19 (-0.17%) (YTD: +1.58%)
DFM: 2,790.42 (-0.54%) (YTD: +0.92%)
KSE Premier Market: 7,033.48 (-0.37%)
QE: 10,422.01 (+0.01%) (YTD: +0.16%)
MSM: 4,079.29 (0.00%) (YTD: +2.46%)
BB: 1,657.63 (-0.09%) (YTD: +2.95%)