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Thursday, 21 May 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.77 | Sell 15.87
EGP / USD at CIB: Buy 15.77 | Sell 15.87
EGP / USD at NBE: Buy 15.75 | Sell 15.85

EGX30 (Wednesday): 10,205 (-1.5%)
Turnover: EGP 548 mn (21% below the 90-day average)
EGX 30 year-to-date: -25.9%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 1.5%. CIB, the index’s heaviest constituent, ended down 1.1%. EGX30’s top performing constituent was Credit Agricole up 0.4%. Yesterday’s worst performing stocks were Egyptian Resorts down 8%, Cleopatra Hospital down 4.8% and Sidi Kerir Petrochemical down 4.0%. The market turnover was EGP 548 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -25.8 mn
Regional: Net Long | EGP +0.5 mn
Domestic: Net Long | EGP +25.3 mn

Retail: 53.9% of total trades | 49.9% of buyers | 58.0% of sellers
Institutions: 46.1% of total trades | 50.1% of buyers | 42.0% of sellers

WTI: USD 33.62 (+0.39%)
Brent: USD 36.03 (+0.78%)

Natural Gas (Nymex, futures prices) USD 1.76 MMBtu, (-0.40%, Jun 2020 contract)
Gold: USD 1,746.20 / troy ounce (-0.34%)

TASI: 7,050.17 (+0.08%) (YTD: -15.96%)
ADX: 4,130.84 (+1.39%) (YTD: -18.62%)
DFM: 1,933.49 (+0.12%) (YTD: -30.07%)
KSE Premier Market: 5,277.01 (-0.2%)
QE: 8,856.15 (+0.61%) (YTD: -15.05%)
MSM: 3,386.66 (-0.20%) (YTD: -14.93%)
BB: 1,261.12 (+0.33%) (YTD: -21.68%)

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