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Wednesday, 19 February 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.57 | Sell 15.67
EGP / USD at CIB: Buy 15.56 | Sell 15.66
EGP / USD at NBE: Buy 15.58 | Sell 15.68

EGX30 (Tuesday): 13,637 (-1.2%)
Turnover: EGP 797 mn (36% above the 90-day average)
EGX 30 year-to-date: -2.3%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.2%. CIB, the index’s heaviest constituent, ended down 0.8%. EGX30’s top performing constituents were Ibnsina Pharma up 3.1%, Cleopatra Hospital up 0.9%, and Eastern Company up 0.1%. Yesterday’s worst performing stocks were Heliopolis Housing down 5.9%, GB Auto down 4.8% and Sidi Kerir Petrochemicals down 3.6%. The market turnover was EGP 797 mn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -326.2 mn
Regional: Net Short | EGP -54.6 mn
Domestic: Net Long | EGP +380.9 mn

Retail: 11.4% of total trades | 16.1% of buyers | 6.7% of sellers
Institutions: 88.6% of total trades | 83.9% of buyers | 93.3% of sellers

WTI: USD 52.15 (+0.19%)
Brent: USD 57.89 (+0.24%)

Natural Gas (Nymex, futures prices) USD 1.96 MMBtu, (-0.96%, March 2020 contract)
Gold: USD 1,604.70 / troy ounce (+0.07%)

TASI: 7,858.93 (-0.17%) (YTD: -6.32%)
ADX: 5,055.74 (-0.53%) (YTD: -0.39%)
DFM: 2,749.24 (0.00%) (YTD: -0.56%)
KSE Premier Market: 6,801.61 (-1.05%)
QE: 9,775.75 (+0.69%) (YTD: -6.23%)
MSM: 4,149.07 (-0.38%) (YTD: +4.22%)
BB: 1,659.98 (-0.17%) (YTD: +3.09%)

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