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Monday, 1 June 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.83 | Sell 15.93
EGP / USD at CIB: Buy 15.84 | Sell 15.94
EGP / USD at NBE: Buy 15.82 | Sell 15.92

EGX30 (Sunday): 10,220 (+1.1%)
Turnover: EGP 613 mn (13% below the 90-day average)
EGX 30 year-to-date: -26.8%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.1%. CIB, the index’s heaviest constituent, ended up 0.6%. EGX30’s top performing constituents were Cleopatra Hospitals up 5.9%, Madinet Nasr Housing up 4.9%, and AMOC up 3.6%. Yesterday’s worst performing stock was Eastern Company down 3.1%. The market turnover was EGP 613 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -809.3 mn
Regional: Net Long | EGP +72.9 mn
Domestic: Net Long | EGP +736.4 mn

Retail: 8.0% of total trades | 8.4% of buyers | 7.6% of sellers
Institutions: 92.0% of total trades | 91.6% of buyers | 92.4% of sellers

WTI: USD 35.35 (-0.39%)
Brent: USD 37.74 (-0.26%)

Natural Gas (Nymex, futures prices) USD 1.80 MMBtu, (-2.76%, July 2020 contract)
Gold: USD 1,755.40 / troy ounce (+0.21%)

TASI: 7,213.03 (+2.30%) (YTD: -14.02%)
ADX: 4,14.61 (+0.54%) (YTD: -18.40%)
DFM: 1,945.09 (-0.84%) (YTD: -29.65%)
KSE Premier Market: 5,424.33 (-0.57%)
QE: 8,844.74 (-0.32%) (YTD: -15.16%)
MSM: 3,544.58 (+0.68%) (YTD: -10.97%)
BB: 1,269.63 (-0.50%) (YTD: -21.15%)

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