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Thursday, 23 April 2020

The Market Yesterday

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

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 15.68

EGX30 (Wednesday): 9,801 (-0.8%)
Turnover: EGP 1.7 bn (163% above the 90-day average)
EGX 30 year-to-date: -29.8%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.8%. CIB, the index’s heaviest constituent, ended down 1.2%. EGX30’s top performing constituents were Dice up 9.8%, Sidi Kerir Petrochemicals up 4.3%, and Heliopolis Housing up 3.1%. Yesterday’s worst performing stocks were Eastern Co down 2.6%, Cleopatra Hospitals down 2.3% and Pioneers Holding down 1.8%. The market turnover was EGP 1.7 bn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -204.6 mn
Regional: Net Long | EGP +9.2 mn
Domestic: Net Long | EGP +195.4 mn

Retail: 32.0% of total trades | 33.8% of buyers | 30.2% of sellers
Institutions: 68.0% of total trades | 66.2% of buyers | 69.8% of sellers

WTI: USD 13.93 (+1.09%)
Brent: USD 20.52 (+0.74%)

Natural Gas (Nymex, futures prices) USD 1.93 MMBtu, (-0.52%, May 2020 contract)
Gold: USD 1,733.30 / troy ounce (-0.29%)

TASI: 6,541.47 (+0.69%) (YTD: -22.03%)
ADX: 3,987.06 (+3.28%) (YTD: -21.45%)
DFM: 1,862.28 (+2.01%) (YTD: -32.64%)
KSE Premier Market: 5,074.38 (+0.38%)
QE: 8,500.23 (+2.09%) (YTD: -18.47%)
MSM: 3,449.58 (+0.21%) (YTD: -13.35%)
BB: 1,308.53 (-0.32%) (YTD: -18.73%)

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