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Sunday, 23 February 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.51 | Sell 15.61
EGP / USD at CIB: Buy 15.51 | Sell 15.61
EGP / USD at NBE: Buy 15.53 | Sell 15.63

EGX30 (Thursday): 13,721 (+0.2%)
Turnover: EGP 699 mn (20% above the 90-day average)
EGX 30 year-to-date: -1.7%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.2%. CIB, the index’s heaviest constituent, ended up 0.1%. EGX30’s top performing constituents were Egyptian Resorts up 5.7%, Dice up 5.3%, and Porto Group up 2.6%. Thursday’s worst performing stocks were Juhayna down 2.3%, CIRA down 1.7% and Orascom Development Egypt down 1.2%. The market turnover was EGP 699 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +35.8 mn
Regional: Net Short | EGP -132.6 mn
Domestic: Net Long | EGP +96.9 mn

Retail: 43.6% of total trades | 39.5% of buyers | 47.7% of sellers
Institutions: 56.4% of total trades | 60.5% of buyers | 52.3% of sellers

WTI: USD 53.38 (-0.93%)
Brent: USD 58.50 (-1.37%)

Natural Gas (Nymex, futures prices) USD 1.91 MMBtu, (-0.78%, March 2020 contract)
Gold: USD 1,648.80 / troy ounce (+1.75%)

TASI: 8,007.39 (+0.50%) (YTD: -4.55%)
ADX: 5,033.15 (-0.80%) (YTD: -0.84%)
DFM: 2,737.51 (+0.35%) (YTD: -0.99%)
KSE Premier Market: 6,871.28 (+1.42%)
QE: 9,934.10 (+0.56%) (YTD: -4.71%)
MSM: 4,191.63 (+0.40%) (YTD: +5.29%)
BB: 1,668.58 (+0.26%) (YTD: +3.63%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2021 Enterprise Ventures LLC.

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