The Market Yesterday
EGP / USD CBE market average: Buy 15.52 Sell 15.62
EGP / USD at CIB: Buy 15.51 | Sell 15.61
EGP / USD at NBE: Buy 15.51 | Sell 15.61
EGX30 (Tuesday): 13,328 (-0.9%)
Turnover: EGP 595 mn (3% above the 90-day average)
EGX 30 year-to-date: -4.5%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.9%. CIB, the index’s heaviest constituent, ended down 1.4%. EGX30’s top performing constituents were Dice up 7.7%, SODIC up 2.3%, and Madinet Nasr Housing up 2.3%. Yesterday’s worst performing stocks were EFG Hermes down 2.8%, Egyptian Resorts down 2.6% and Eastern Company down 1.7%. The market turnover was EGP 595 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -55.9 mn
Regional: Net Long | EGP +9.8 mn
Domestic: Net Long | EGP +46.1 mn
Retail: 52.5% of total trades | 56.1% of buyers | 49.0% of sellers
Institutions: 47.5% of total trades | 43.9% of buyers | 51.0% of sellers
WTI: USD 50.31 (+0.82%)
Brent: USD 55.35 (+0.73%)
Natural Gas (Nymex, futures prices) USD 1.84 MMBtu (-0.38%, March 2020 contract)
Gold: USD 1,641.40 / troy ounce (-0.52%)
TASI: 7,758.15 (+0.14%) (YTD: -7.52%)
ADX: 4,936.37 (+0.11%) (YTD: -2.75%)
DFM: 2,673.03 (-0.86%) (YTD: -3.32%)
KSE Premier Market: 6,730.18 (-1.73%)
QE: 9,703.88 (-0.68%) (YTD: -6.92%)
MSM: 4,128.69 (-0.67%) (YTD: +3.70%)
BB: 1,660.44 (+0.01%) (YTD: +3.12%)