The Market Yesterday
EGP / USD CBE market average: Buy 15.49 | Sell 15.62
EGP / USD at CIB: Buy 15.50 | Sell 15.60
EGP / USD at NBE: Buy 15.51 | Sell 15.61
EGX30 (Monday): 13,442 (-1.8%)
Turnover: EGP 687 mn (19% above the 90-day average)
EGX 30 year-to-date: -3.7%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.8%. CIB, the index’s heaviest constituent, ended down 0.9%. EGX30’s top performing constituent was CIRA up 1.8%. Yesterday’s worst performing stocks were Heliopolis Housing down 9.7%, Orascom Development Egypt down 6.8% and Palm Hills down 5.2%. The market turnover was EGP 687 mn, and regional investors were the sole net buyers.
Foreigners: Net Short | EGP -14.7 mn
Regional: Net Long | EGP +49.7 mn
Domestic: Net Short | EGP -35.0 mn
Retail: 48.7% of total trades | 50.7% of buyers | 46.8% of sellers
Institutions: 51.3% of total trades | 49.3% of buyers | 53.2% of sellers
WTI: USD 51.58 (+0.29%)
Brent: USD 56.54 (+0.43%)
Natural Gas (Nymex, futures prices) USD 1.84 MMBtu, (+0.77%, March 2020 contract)
Gold: USD 1,650.90 / troy ounce (-1.53%)
TASI: 7,747.10 (-2.95%) (YTD: -7.65%)
ADX: 4,931.04 (-2.20%) (YTD: -2.85%)
DFM: 2,696.23 (-0.79%) (YTD: -2.48%)
KSE Premier Market: 6,730.18 (-1.73%)
QE: 9,770.04 (-1.30%) (YTD: -6.29%)
MSM: 4,156.33 (-0.98%) (YTD: +4.40%)
BB: 1,660.35 (-0.50%) (YTD: +3.12%)