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 (Monday): 10,354 (+1.1%)
Turnover: EGP 741 mn (19% above the 90-day average)
EGX 30 year-to-date: -25.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.1%. CIB, the index’s heaviest constituent, ended up 0.5%. EGX30’s top performing constituents were Heliopolis Housing up 7.5%, Dice up 7.4%, and GB Auto up 6.0%. Yesterday’s worst performing stock was Eastern Company, down 0.2%. The market turnover was EGP 741 mn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -152.3 mn
Regional: Net Short | EGP -25.5 mn
Domestic: Net Long | EGP +177.8 mn
Retail: 63.9% of total trades | 71.1% of buyers | 56.6% of sellers
Institutions: 36.1% of total trades | 28.9% of buyers | 43.4% of sellers
WTI: USD 22.82 (+1.83%)
Brent: USD 32.25 (+1.61%)
Natural Gas (Nymex, futures prices) USD 1.71 MMBtu, (-0.75%, May 2020 contract)
Gold: USD 1,767.40 / troy ounce (+0.34%)
TASI: 6,804.54 (-0.89%) (YTD: -18.89%)
ADX: 4,135.45 (-1.56%) (YTD: -18.53%)
DFM: 1,885.30 (-1.09%) (YTD: -31.81%)
KSE Premier Market: 5,027.96 (+0.87%)
QE: 8,833.35 (-0.71%) (YTD: -15.27%)
MSM: 3,542.37 (+1.46%) (YTD: -11.02%)
BB: 1,284.99 (-0.94%) (YTD: -20.20%)