The Market Yesterday
EGP / USD CBE market average: Buy 15.59 | Sell 15.69
EGP / USD at CIB: Buy 15.59 | Sell 15.69
EGP / USD at NBE: Buy 15.60 | Sell 15.70
EGX30 (Monday): 12,290 (+0.6%)
Turnover: EGP 959 mn (63% above the 90-day average)
EGX 30 year-to-date: -11.97%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.6%. CIB, the index’s heaviest constituent, ended up 0.1%. EGX30’s top performing constituents were Egypt Kuwait Holding up 7.1%, Cleopatra Hospital up 4.6%, and Porto Group up 3.4%. Yesterday’s worst performing stocks were Qalaa Holdings down 5.4%, Heliopolis Housing down 5.0% and Kima down 4.5%. The market turnover was EGP 959 mn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -8.4 mn
Regional: Net short | EGP -19.9 mn
Domestic: Net long | EGP +28.4 mn
Retail: 42.9% of total trades | 45.0% of buyers | 40.7% of sellers
Institutions: 57.1% of total trades | 55.0% of buyers | 59.3% of sellers
WTI: USD 47.52 (+6.17%)
Brent: USD 52.82 (+6.34%)
Natural Gas (Nymex, futures prices) USD 1.76 MMBtu, (+4.33%, April 2020 contract)
Gold: USD 1,590 / troy ounce (+1.50%)
TASI: 7,349 (+0.06%) (YTD: -12.40%)
ADX: 4,763 (+0.84%) (YTD: -6.15%)
DFM: 2,536 (+2.54%) (YTD: -8.25%)
KSE Premier Market: 6,370 (+6.34%)
QE: 9,215 (-2.89%) (YTD: -11.60%)
MSM: 4,081 (0.00%) (YTD: +2.51%)
BB: 1,640 (+2.27%) (YTD: +1.91%)