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Tuesday, 4 February 2020

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

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 (Monday): 13,878 (-0.1%)
Turnover: EGP 470 mn (25% below the 90-day average)
EGX 30 year-to-date: -0.6%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.1%. CIB, the index’s heaviest constituent, ended up 0.8%. EGX30’s top performing constituents were AMOC up 2.0%, Sidi Kerir Petrochemicals up 1.0%, and CIB up 0.8%. Yesterday’s worst performing stocks were Telecom Egypt down 6.4%, Juhayna down 1.9% and Heliopolis Housing down 1.8%. The market turnover was EGP 470 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +24.8 mn
Regional: Net Short | EGP -28.9 mn
Domestic: Net Long | EGP +4.1 mn

Retail: 57.0% of total trades | 50.2% of buyers | 63.7% of sellers
Institutions: 43.0% of total trades | 49.8% of buyers | 36.3% of sellers

WTI: USD 50.39 (+0.56%)
Brent: USD 54.68 (+0.42%)

Natural Gas (Nymex, futures prices) USD 1.82 MMBtu, (+0.05%, March 2020 contract)
Gold: USD 1,580.70 / troy ounce (-0.11%)

TASI: 8,112.69 (-0.55%) (YTD: -3.30%)
ADX: 5,076.67 (-0.77%) (YTD: +0.02%)
DFM: 2,771.31 (+0.18%) (YTD: +0.23%)
KSE Premier Market: 6,976.57 (-0.36%)
QE: 10,251.52 (-1.07%) (YTD: -1.67%)
MSM: 4,115.50 (+0.56%) (YTD: +3.37%)
BB: 1,662.50 (+0.17%) (YTD: +3.25%)

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