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): 10,120 (+3.3%)
Turnover: EGP 1.1 bn (69% above the 90-day average)
EGX 30 year-to-date: -27.5%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 3.3%. CIB, the index’s heaviest constituent, ended up 3.8%. EGX30’s top performing constituents were Dice up 11.8%, Pioneers Holding up 8.4%, and GB Auto up 6.7%. Thursday’s worst performing stock was Credit Agricole down 0.1%. The market turnover was EGP 1.1 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -112.1 mn
Regional: Net Long | EGP +38.0 mn
Domestic: Net Long | EGP +74.2 mn
Retail: 62.9% of total trades | 63.8% of buyers | 62.0% of sellers
Institutions: 37.1% of total trades | 36.2% of buyers | 38.0% of sellers
WTI: USD 16.94 (+2.67%)
Brent: USD 21.44 (+0.52%)
Natural Gas (Nymex, futures prices) USD 1.75 MMBtu, (-3.80%, May 2020 contract)
Gold: USD 1,735.60 / troy ounce (-0.56%)
TASI: 6,604.90 (+0.97%) (YTD: -21.27%)
ADX: 4,062.99 (+1.90%) (YTD: -19.95%)
DFM: 1,891.60 (+1.55%) (YTD: -31.60%)
KSE Premier Market: 5,025.11 (-0.97%)
QE: 8,473.21 (-0.32%) (YTD: -18.73%)
MSM: 3,482.08 (+0.94%) (YTD: -12.54%)
BB: 1,307.59 (-0.07%) (YTD: -18.79%)