The Market Yesterday
EGP / USD CBE market average: Buy 15.69 | Sell 15.79
EGP / USD at CIB: Buy 15.70 | Sell 15.60
EGP / USD at NBE: Buy 15.68 | Sell 15.78
EGX30 (Sunday): 10,200 (-3.4%)
Turnover: EGP 879 mn (30% above the 90-day average)
EGX 30 year-to-date: -26.9%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 3.4%. CIB, the index’s heaviest constituent, ended down 3.0%. EGX30’s top performing constituent was Cleopatra Hospital up 1.2%. Yesterday’s worst performing stocks were Dice down 10%, GB Auto down 8.2% and Porto Group down 7.3%. The market turnover was EGP 879 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -53.5 mn
Regional: Net Long | EGP +3.5 mn
Domestic: Net Long | EGP +49.9 mn
Retail: 73.9% of total trades | 73.7% of buyers | 74.1% of sellers
Institutions: 26.1% of total trades | 26.3% of buyers | 25.9% of sellers
WTI: USD 19.78 (+4.99%)
Brent: USD 26.44 (-0.15%)
Natural Gas (Nymex, futures prices) USD 1.89 MMBtu, (-3.03%, Jun 2020 contract)
Gold: USD 1,700.90 / troy ounce (+0.40%)
TASI: 6,585.58 (-7.41%) (YTD: -21.50%)
ADX: 4,105.68 (-2.95%) (YTD: -19.11%)
DFM: 1,946.34 (-3.96%) (YTD: -29.60%)
KSE Premier Market: 5,248.07 (-2.02%)
QE: 8,687.59 (-0.87%) (YTD: -16.67%)
MSM: 3,538.15 (-0.04%) (YTD: -11.13%)
BB: 1,310.73 (+0.16%) (YTD: -18.60%)