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): 10,155 (-1.8%)
Turnover: EGP 860 mn (36% above the 90-day average)
EGX 30 year-to-date: -27.3%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 1.8%. CIB, the index’s heaviest constituent, ended down 3.8%. EGX30’s top performing constituents were Dice up 8.8%, CIRA up 5.2%, and Ezz Steel up 1.0%. Thursday’s worst performing stocks were CIB down 3.8%, Cleopatra Hospital down 2.7% and Emaar Misr down 2.2%. The market turnover was EGP 860 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -266.9 mn
Regional: Net Long | EGP +2.6 mn
Domestic: Net Long | EGP +264.3 mn
Retail: 45.9% of total trades | 49.6% of buyers | 42.2% of sellers
Institutions: 54.1% of total trades | 50.4% of buyers | 57.8% of sellers
WTI: USD -37.63 (-305.97%)
Brent: USD -25.99 (-7.44%)
Natural Gas (Nymex, futures prices) USD 1.92 MMBtu, (+9.75%, May 2020 contract)
Gold: USD 1,711.20 / troy ounce (+0.73%)
TASI: 6,601.07 (-1.16%) (YTD: -21.31%)
ADX: 3,969.05 (-2.81%) (YTD: -21.80%)
DFM: 1,887.54 (-1.41%) (YTD: -31.73%)
KSE Premier Market: 5,191.25 (-0.32%)
QE: 8,444.87 (-1.99%) (YTD: -19.00%)
MSM: 3,483.89 (-0.47%) (YTD: -12.49%)
BB: 1,318.96 (-0.09%) (YTD: -18.09%)