The Market Yesterday
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): 10,322 (+2.2%)
Turnover: EGP 874 mn (40% above the 90-day average)
EGX 30 year-to-date: -26.1%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 2.2%. CIB, the index’s heaviest constituent, ended up 5.0%. EGX30’s top performing constituents were CIB up 5.0%, Dice up 4.0%, and EFG Hermes up 3.6%. Thursday’s worst performing stocks were Ibnsina Pharma down 3.2%, Kima down 3.1% and Madinet Nasr Housing down 2.7%. The market turnover was EGP 874 mn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -135.6 mn
Regional: Net Short | EGP -17.9 mn
Domestic: Net Long | EGP +153.5 mn
Retail: 46.3% of total trades | 46.8% of buyers | 45.9% of sellers
Institutions: 53.7% of total trades | 53.2% of buyers | 54.1% of sellers
WTI: USD 22.76 (-9.29%)
Brent: USD 31.48 (-4.14%)
Natural Gas (Nymex, futures prices) USD 1.73 MMBtu, (-2.80%, May 2020 contract)
Gold: USD 1,752.80 / troy ounce (+4.80%)
TASI: 7,006.24 (+0.10%) (YTD: -16.49%)
ADX: 4,113.86 (+6.38%) (YTD: -18.95%)
DFM: 1,830.02 (+3.56%) (YTD: -33.81%)
KSE Premier Market: 4,910.98 (-3.39%)
QE: 8,989.70 (-0.45%) (YTD: -13.77%)
MSM: 3,472.43 (+0.50%) (YTD: -12.78%)
BB: 1,300.37 (-0.22%) (YTD: -19.24%)