The Market Yesterday
EGP / USD CBE market average: Buy 15.72 | Sell 15.82
EGP / USD at CIB: Buy 15.71 | Sell 15.81
EGP / USD at NBE: Buy 15.72 | Sell 15.82
EGX30 (Thursday): 14,106 (+0.9%)
Turnover: EGP 819 mn (31% above the 90-day average)
EGX 30 year-to-date: +1.0%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.9%. CIB, the index’s heaviest constituent, ended up 0.5%. EGX30’s top performing constituents were Porto Group up 3.7%, Eastern Company up 3.5%, and Heliopolis Housing up 2.7%. Thursday’s worst performing stocks were Cleopatra Hospitals down 5.2%, KIMA down 1.4% and Orascom Development Egypt down 0.9%. The market turnover was EGP 819 mn, and foreign investors were the sole net buyers.
Foreigners: Net Long | EGP +66.3 mn
Regional: Net Short | EGP -10.5 mn
Domestic: Net Short | EGP -55.8 mn
Retail: 53.5% of total trades | 52.4% of buyers | 54.7% of sellers
Institutions: 46.5% of total trades | 47.6% of buyers | 45.3% of sellers
WTI: USD 50.32 (-1.24%)
Brent: USD 54.47 (-0.84%)
Natural Gas (Nymex, futures prices) USD 1.86 MMBtu, (-0.21%, March 2020 contract)
Gold: USD 1,573.40 / troy ounce (+0.22%)
TASI: 8,053.09 (-0.51%) (YTD: -4.01%)
ADX: 5,087.21 (+0.13%) (YTD: +0.23%)
DFM: 2,769.58 (-0.08%) (YTD: +0.17%)
KSE Premier Market: 6,983.71 (+0.29%)
QE: 10,204.62 (-0.90%) (YTD: -2.12%)
MSM: 4,128.89 (+0.09%) (YTD: +3.71%)
BB: 1,656.04 (+0.06%) (YTD: +2.85%)