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Tuesday, 12 May 2020

The Market Yesterday

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Pharos Holding -

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): 10,296 (+0.4%)
Turnover: EGP 1.1 bn (59% above the 90-day average)
EGX 30 year-to-date: -26.3%

THE MARKET ON MONDAY: The EGX30 ended xx session up 0.4%. CIB, the index’s heaviest constituent, ended down 0.6%. EGX30’s top performing constituents were Eastern Co up 6.8%, EFG Hermes up 5.7%, and Ibn Sina Pharma up 3.2%. Yesterday’s worst performing stocks were Credit Agricole down 5.9%, Qalaa Holdings down 4.5% and Pioneers Holding down 4.4%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -96.9 mn
Regional: Net Short | EGP -75.7 mn
Domestic: Net Long | EGP +172.6 mn

Retail: 31.2% of total trades | 30.5% of buyers | 32.0% of sellers
Institutions: 68.6% of total trades | 69.5% of buyers | 68.0% of sellers

WTI: USD 24.66 (+2.15%)
Brent: USD 29.63 (-4.33%)

Natural Gas (Nymex, futures prices) USD 1.84 MMBtu, (+0.93%, Jun 2020 contract)
Gold: USD 1,700.00 / troy ounce (+0.12%)

TASI: 6,603.96 (-1.18%) (YTD: -21.28%)
ADX: 4,120.56 (+0.04%) (YTD: -18.82%)
DFM: 1,883.51 (-0.95%) (YTD: -31.88%)
KSE Premier Market: 5,120.08 (-1.02%)
QE: 8,863.63 (-0.49%) (YTD: -14.98%)
MSM: 3,465.81 (-0.10%) (YTD: -12.95%)
BB: 1,252.45 (-1.25%) (YTD: -22.22%)

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