The Market Yesterday
EGP / USD CBE market average: Buy 15.66 | Sell 15.76
EGP / USD at CIB: Buy 15.66 | Sell 15.76
EGP / USD at NBE: Buy 15.65 | Sell 15.75
EGX30 (Wednesday): 11,194 (-0.1%)
Turnover: EGP 717 mn (20% above the 90-day average)
EGX 30 year-to-date: -19.8%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.2%. EGX30’s top performing constituents were Dice up 8.5%, GB Auto up 3.2%, and Elsewedy Electric up 2.5%. Yesterday’s worst performing stocks were CIRA down 6.5%, Qalaa Holding down 2.9% and AMOC down 2.2%. The market turnover was EGP 717 mn, and foreign investors were the sole net sellers.
Foreigners: Net short | EGP -80.2 mn
Regional: Net long | EGP +1.8 mn
Domestic: Net long | EGP +78.3 mn
Retail: 53.5% of total trades | 50.5% of buyers | 56.5% of sellers
Institutions: 46.5% of total trades | 49.5% of buyers | 43.5% of sellers
WTI: USD 31.73 (+0.73%)
Brent: USD 33.85 (+1.90%)
Natural Gas (Nymex, futures prices) USD 1.87 MMBtu, (+1.52%, April 2020 contract)
Gold: USD 1,516.70 / troy ounce (-4.63%)
TASI: 6,357 (-2.98%) (YTD: -24.22%)
ADX: 3,922 (-7.40%) (YTD: -22.73%)
DFM: 2,032 (-7.96%) (YTD: -26.50%)
KSE Premier Market: 5,246 (+1.39%)
QE: 8,230 (-4.45%) (YTD: -21.06%)
MSM: 3,733 (-2.57%) (YTD: -6.22%)
BB: 1,436 (-3.55%) (YTD: -10.79%)