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Monday, 16 March 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.69 | Sell 15.79
EGP / USD at CIB: Buy 15.7 | Sell 15.8
EGP / USD at NBE: Buy 15.68 | Sell 15.78

EGX30 (Sunday): 10,148 (-9.3%)
Turnover: EGP 942 mn (57% above the 90-day average)
EGX 30 year-to-date: -27.3%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 9.3%. CIB, the index’s heaviest constituent, ended down 9.9%. Yesterday’s worst performing stocks were Ezz Steel down 13.0%, AMOC down 12.8% and Porto Group down 12.4%. The market turnover was EGP 942 mn, and local investors were the sole net buyers.

Foreigners: Net short | EGP -439.7 mn
Regional: Net short | EGP -1.3 mn
Domestic: Net long | EGP +441.0 mn

Retail: 29.8% of total trades | 27.8% of buyers | 31.9% of sellers
Institutions: 70.2% of total trades | 72.2% of buyers | 68.1% 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: 6,287 (-1.10%) (YTD: -25.05%)
ADX: 3,849 (-1.86%) (YTD: -24.16%)
DFM: 1,963 (-3.39%) (YTD: -28.99%)
KSE Premier Market: 4,904 (-6.51%)
QE: 8,310 (+0.98%) (YTD: -20.28%)
MSM: 3,748 (+0.39%) (YTD: -5.85%)
BB: 1,414 (-1.52%) (YTD: -12.15%)

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