The Market Yesterday
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): 9,273 (-1.9%)
Turnover: EGP 365 mn (39% below the 90-day average)
EGX 30 year-to-date: -33.6%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 1.9%. CIB, the index’s heaviest constituent, ended down 2.2%. EGX30’s top performing constituents were Dice up 2.3%, Credit Agricole up 2.1%, and Ibnsina Pharma up 0.1%. Yesterday’s worst performing stocks were Telecom Egypt down 9.2%, Egyptian Resorts down 7.7% and Kima down 6.1%. The market turnover was EGP 365 mn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -85.4 mn
Regional: Net Short | EGP -10.2 mn
Domestic: Net Long | EGP +95.5 mn
Retail: 59.4% of total trades | 63.1% of buyers | 55.6% of sellers
Institutions: 40.6% of total trades | 36.9% of buyers | 44.4% of sellers
WTI: USD 26.68 (-5.86%)
Brent: USD 32.90 (-3.55%)
Natural Gas (Nymex, futures prices) USD 1.64 MMBtu, (+1.42%, May 2020 contract)
Gold: USD 1,647.50 / troy ounce (+0.11%)
TASI: 6,752.19 (+0.04%) (YTD: -19.51%)
ADX: 3,676.46 (-2.18%) (YTD: -27.57%)
DFM: 1,682.08 (-2.37%) (YTD: -39.16%)
KSE Premier Market: 5,060.23 (+0.34%)
QE: 8,485.26 (+0.32%) (YTD: -18.61%)
MSM: 3,385.84 (+0.07%) (YTD: -14.95%)
BB: 1,322.38 (-0.56%) (YTD: -17.87%)