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Tuesday, 19 May 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.73 | Sell 15.83
EGP / USD at CIB: Buy 15.74 | Sell 15.84
EGP / USD at NBE: Buy 15.72 | Sell 15.82

EGX30 (Monday): 10,279 (-0.8%)
Turnover: EGP 642 mn (8% below the 90-day average)
EGX 30 year-to-date: -26.4%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down -0.8%. CIB, the index’s heaviest constituent, ended down 0.3%. EGX30’s top performing constituents were CIRA up 3.2%, GB Auto up 2.8%, and Heliopolis Housing up 1.6%. Yesterday’s worst performing stocks were Egyptian Resorts down 6.3%, Elsewedy Electric down 4.0% and Dice down 3.6%. The market turnover was EGP 642 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -123.1 mn
Regional: Net Short | EGP -6.9 mn
Domestic: Net Long | EGP +130 mn

Retail: 50.7% of total trades | 52.7% of buyers | 48.6% of sellers
Institutions: 49.3% of total trades | 47.3% of buyers | 51.4% of sellers

WTI: USD 33.12 (+4.09%)
Brent: USD 35.72 (+2.61%)

Natural Gas (Nymex, futures prices) USD 1.79 MMBtu, (+0.22%, Jun 2020 contract)
Gold: USD 1,736.70 / troy ounce (+0.13%)

TASI: 6,921.15 (+1.41%) (YTD: -17.50%)
ADX: 4,060.51 (-0.11%) (YTD: -20.00%)
DFM: 1,919.83 (+0.42%) (YTD: -30.56%)
KSE Premier Market: 5,196.30 (+0.96%)
QE: 8,764.53 (+0.75%) (YTD: -15.93%)
MSM: 3,427.12 (-0.30%) (YTD: -13.92%)
BB: 1,253.95 (+0.63%) (YTD: -22.12%)

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