The Market Yesterday
EGP / USD CBE market average: Buy 15.75 | Sell 15.85
EGP / USD at CIB: Buy 15.74 | Sell 15.84
EGP / USD at NBE: Buy 15.75 | Sell 15.85
EGX30 (Sunday): 13,889 (0.2%)
Turnover: EGP 794 mn (26% above the 90-day average)
EGX 30 year-to-date: -0.5%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.2%. CIB, the index’s heaviest constituent, ended up 0.02%. EGX30’s top performing constituents were Telecom Egypt up 12.2%, SODIC up 1.8%, and Ibnsina Pharma up 1.6%. Yesterday’s worst performing stocks were Orascom Development Egypt down 4.2%, Sidi Kerir Petrochemicals down 3.5% and Juhana down 2.9%. The market turnover was EGP 794 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +106.7 mn
Regional: Net Short | EGP -63.3 mn
Domestic: Net Short | EGP -43.4 mn
Retail: 52.1% of total trades | 48.4% of buyers | 55.7% of sellers
Institutions: 47.9% of total trades | 51.6% of buyers | 44.3% of sellers
WTI: USD 51.32 (-0.47%)
Brent: USD 56.13 (-0.87%)
Natural Gas (Nymex, futures prices) USD 1.86 MMBtu, (+1.14%, March 2020 contract)
Gold: USD 1,588.00 / troy ounce (+0.01%)
TASI: 8,157.51 (-1.08%) (YTD: -2.76%)
ADX: 5,115.92 (-0.78%) (YTD: +0.79%)
DFM: 2,766.39 (-0.86%) (YTD: +0.06%)
KSE Premier Market: 7,001.95 (-0.45%)
QE: 10,362.04 (-0.77%) (YTD: -0.61%)
MSM: 4,092.72 (+0.33%) (YTD: +2.80%)
BB: 1,659.66 (+0.12%) (YTD: +3.07%)