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Sunday, 31 May 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.80 | Sell 15.90
EGP / USD at CIB: Buy 15.81 | Sell 15.91
EGP / USD at NBE: Buy 15.79 | Sell 15.89

EGX30 (Thursday): 10,110 (-0.9%)
Turnover: EGP 1.0 bn (42% above the 90-day average)
EGX 30 year-to-date: -27.6%

THE MARKET ON THURSDAY: The EGX30 ended 21 May’s session down 0.9%. CIB, the index’s heaviest constituent, ended down 2.7%. EGX30’s top performing constituents were Cleopatra Hospitals up 5.2%, Juhayna up 2.9%, and El Sewedy Electric up 2.6%. Thursday’s worst performing stocks were EFG Hermes down 4.1%, Egyptian Resorts down 3.0% and Ezz Steel down 2.8%. The market turnover was EGP 1.0 bn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -244.4 mn
Regional: Net Long | EGP +18.0 mn
Domestic: Net Long | EGP +226.4 mn

Retail: 37.4% of total trades | 45.0% of buyers | 29.8% of sellers
Institutions: 62.6% of total trades | 55.0% of buyers | 70.2% of sellers

WTI: USD 35.49 (+5.28%)
Brent: USD 37.48 (+5.02%)

Natural Gas (Nymex, futures prices) USD 1.85 MMBtu, (+1.20%, July 2020 contract)
Gold: USD 1,751.70 / troy ounce (+1.35%)

TASI: 7,050.66 (+0.01%) (YTD: -15.96%)
ADX: 4,119.32 (-0.35%) (YTD: -18.84%)
DFM: 1,961.48 (-1.16%) (YTD: -29.06%)
KSE Premier Market: 5,455.55 (+0.04%)
QE: 8,873.16 (+0.19%) (YTD: -14.89%)
MSM: 3,520.80 (+2.18%) (YTD: -11.56%)
BB: 1,276.06 (+0.52%) (YTD: -20.75%)

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