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Tuesday, 11 February 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.67 | Sell 15.77
EGP / USD at CIB: Buy 15.67 | Sell 15.77
EGP / USD at NBE: Buy 15.69 | Sell 15.79

EGX30 (Monday): 13,979 (-0.9%)
Turnover: EGP 547 mn (10% below the 90-day average)
EGX 30 year-to-date: +0.1%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.9%. CIB, the index’s heaviest constituent, ended down 0.6%. EGX30’s top performing constituents were Dice up 4.0%, Ibnsina Pharma up 1.8%, and Cleopatra Hospital up 0.6%. Yesterday’s worst performing stocks were Ezz Steel down 3.0%, Telecom Egypt down 2.9% and AMOC down 2.8%. The market turnover was EGP 547 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +9.9 mn
Regional: Net Short | EGP -19.3 mn
Domestic: Net Long | EGP +9.4 mn

Retail: 48.2% of total trades | 47.5% of buyers | 49.0% of sellers
Institutions: 51.8% of total trades | 52.5% of buyers | 51.0% of sellers

WTI: USD 50.11 (+1.09%)
Brent: USD 53.96 (+1.30%)

Natural Gas (Nymex, futures prices) USD 1.77 MMBtu, (+0.28%, March 2020 contract)
Gold: USD 1,571.10 / troy ounce (-0.53%)

TASI: 7,971.93 (+0.24%) (YTD: -4.97%)
ADX: 5,093.38 (+0.06%) (YTD: +0.35%)
DFM: 2,765.37 (+0.47%) (YTD: +0.02%)
KSE Premier Market: 6,892.82 (-0.95%)
QE: 10,097.18 (-0.51%) (YTD: -3.15%)
MSM: 4,111.79 (-0.35%) (YTD: +3.28%)
BB: 1,660.01 (+0.09%) (YTD: +3.09%)

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