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 (Tuesday): 13,915 (+0.3%)
Turnover: EGP 632 mn (1% above the 90-day average)
EGX 30 year-to-date: -0.3%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.3%. CIB, the index’s heaviest constituent, ended up 0.5%. EGX30’s top performing constituents were Dice up 4.5%, Cleopatra Hospital up 2.4%, and Telecom Egypt up 1.1%. Yesterday’s worst performing stocks were AMOC down 1.6%, TMG Holding down 0.7% and Orascom Construction down 0.7%. The market turnover was EGP 632 mn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -15.4 mn
Regional: Net Short | EGP -8.6 mn
Domestic: Net Long | EGP +24.0 mn
Retail: 46.2% of total trades | 47.5% of buyers | 44.8% of sellers
Institutions: 53.8% of total trades | 52.5% of buyers | 55.2% of sellers
WTI: USD 50.17 (+1.13%)
Brent: USD 54.67 (+1.32%)
Natural Gas (Nymex, futures prices) USD 1.88 MMBtu, (+0.16%, March 2020 contract)
Gold: USD 1,559.30 / troy ounce (+0.24%)
TASI: 8,138.40 (+0.32%) (YTD: -2.99%)
ADX: 5,095.52 (+0.37%) (YTD: +0.39%)
DFM: 2,767.46 (-0.14%) (YTD: +0.09%)
KSE Premier Market: 6,975.32 (-0.02%)
QE: 10,270.06 (+0.18%) (YTD: -1.49%)
MSM: 4,145.05 (+0.72%) (YTD: +4.12%)
BB: 1,663.54 (+0.06%) (YTD: +3.31%)