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Wednesday, 1 April 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.68 | Sell 15.81
EGP / USD at CIB: Buy 15.70 | Sell 15.80
EGP / USD at NBE: Buy 15.68 | Sell 15.78

EGX30 (Tuesday): 9,594 (+0.8%)
Turnover: EGP 834 mn (39% above the 90-day average)
EGX 30 year-to-date: -31.3%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.8%. CIB, the index’s heaviest constituent, ended down 0.6%. EGX30’s top performing constituents were Kima up 7.7%, Egyptian Resorts up 6.5%, and El Sewedy Electric up 4.4%. Yesterday’s worst performing stocks were GB Auto down 2.6%, CIB down 0.6% and Credit Agricole down 0.2%. The market turnover was EGP 834 mn, and local investors were the sole net buyers.

Foreigners: Net short | EGP -385.1 mn
Regional: Net short | EGP -15.3 mn
Domestic: Net long | EGP +400.4 mn

Retail: 37.1% of total trades | 38.8% of buyers | 35.5% of sellers
Institutions: 62.9% of total trades | 61.2% of buyers | 64.5% of sellers

WTI: USD 20.30 (+1.05%)
Brent: USD 22.74 (-0.09%)

Natural Gas (Nymex, futures prices) USD 1.66 MMBtu, (-1.83%, May 2020 contract)
Gold: USD 1,591.90 / troy ounce (-3.12%)

TASI: 6,505 (+2.07%) (YTD: -22.46%)
ADX: 3,734 (-0.25%) (YTD: -26.42%)
DFM: 1,771 (-1.02%) (YTD: -35.93%)
KSE Premier Market: 5,198 (+1.61%)
QE: 8,207 (-0.91%) (YTD: -21.28%)
MSM: 3,448 (-0.55%) (YTD: -13.39%)
BB: 1,350 (-0.36%) (YTD: -16.12%)

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