The Market Yesterday
EGP / USD CBE market average: Buy 15.60 | Sell 15.70
EGP / USD at CIB: Buy 15.59 | Sell 15.69
EGP / USD at NBE: Buy 15.62 | Sell 15.72
EGX30 (Sunday): 13,737 (-0.9%)
Turnover: EGP 323 mn (45% below the 90-day average)
EGX 30 year-to-date: -1.6%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.9%. CIB, the index’s heaviest constituent, ended up 0.02%. EGX30’s top performing constituents were CIB up 0.02% and Orascom Construction up 0.01%. Yesterday’s worst performing stocks were Telecom Egypt down 5.3%, Ezz Steel down 3.8% and Qalaa Holdings down 3.4%. The market turnover was EGP 323 mn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -2.9 mn
Regional: Net Short | EGP -0.7 mn
Domestic: Net Long | EGP +3.6 mn
Retail: 72.4% of total trades | 75.0% of buyers | 69.9% of sellers
Institutions: 27.6% of total trades | 25.0% of buyers | 30.1% of sellers
WTI: USD 52.14 (+0.17%)
Brent: USD 57.28 (-0.07%)
Natural Gas (Nymex, futures prices) USD 1.90 MMBtu, (+3.59%, March 2020 contract)
Gold: USD 1,585.80 / troy ounce (-0.04%)
TASI: 7,836.96 (-0.48%) (YTD: -6.58%)
ADX: 5,062.82 (+0.50%) (YTD: -0.26%)
DFM: 2,734.74 (+0.04%) (YTD: -1.09%)
KSE Premier Market: 6,849.43 (-0.71%)
QE: 9,748.74 (-1.00%) (YTD: -6.49%)
MSM: 4,159.93 (+0.76%) (YTD: +4.49%)
BB: 1,661.78 (-0.04%) (YTD: +3.21%)