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Sunday, 29 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 15.70 | Sell 15.80
EGP / USD at NBE: Buy 15.68 | Sell 15.78

EGX30 (Thursday): 9,913 (+0.5%)
Turnover: EGP 674 mn (12% above the 90-day average)
EGX 30 year-to-date: -29.0%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.5%. CIB, the index’s heaviest constituent, ended down 0.1%. EGX30’s top performing constituents were GB Auto up 8.0%, Kima up 7.9%, and Pioneers Holding up 5.0%. Thursday’s worst performing stocks were Eastern Company down 1.3%, and CIB down 0.1%. The market turnover was EGP 674 mn, and local investors were the sole net buyers.

Foreigners: Net short | EGP -155.3 mn
Regional: Net short | EGP -4.3 mn
Domestic: Net long | EGP +159.6 mn

Retail: 48.5% of total trades | 49.4% of buyers | 47.6% of sellers
Institutions: 51.5% of total trades | 50.6% of buyers | 52.4% of sellers

WTI: USD 21.51 (-4.82%)
Brent: USD 24.93 (-5.35%)

Natural Gas: (Nymex, futures prices) USD 1.67 MMBtu, (-1.07%, May 2020 contract)
Gold: USD 1,654.10 / troy ounce (-0.37%)

TASI: 6,326 (+1.90%) (YTD: -24.58%)
ADX: 3,770 (-3.84%) (YTD: -25.71%)
DFM: 1,809 (-0.76%) (YTD: -34.57%)
KSE Premier Market: 5,281 (-1.14%)
QE: 8,479 (-0.65%) (YTD: -18.67%)
MSM: 3,538 (-0.49%) (YTD: -11.11%)
BB: 1,388 (+0.27%) (YTD: -13.75%)

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