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Wednesday, 3 June 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.92 | Sell 16.02
EGP / USD at CIB: Buy 15.93 | Sell 16.03
EGP / USD at NBE: Buy 15.91 | Sell 16.01

EGX30 (Tuesday): 10,339 (+1.1%)
Turnover: EGP 818 mn (14% above the 90-day average)
EGX 30 year-to-date: -25.9%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.1%. CIB, the index’s heaviest constituent, ended up 0.9%. EGX30’s top performing constituents were Qalaa Holdings up 6.2%, Egyptian Resorts up 4.8%, and GB Auto up 3.9%. Yesterday’s worst performing stocks were Cleopatra Holding down 1.9%, Ibnsina Pharma down 1.9% and Juhayna down 0.5%. The market turnover was EGP 818 mn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -76.8 mn
Regional: Net Short | EGP -1.1 mn
Domestic: Net Long | EGP +77.9 mn

Retail: 60.7% of total trades | 62.0% of buyers | 59.5% of sellers
Institutions: 39.3% of total trades | 38.0% of buyers | 40.5% of sellers

WTI: USD 37.82 (+2.74%)
Brent: USD 40.39 (+2.07%)

Natural Gas (Nymex, futures prices) USD 1.78 MMBtu, (+0.39%, July 2020 contract)
Gold: USD 1,732.60 / troy ounce (+0.39%)

TASI: 7,285.23 (-0.05%) (YTD: -13.16%)
ADX: 4,277.38 (+2.56%) (YTD: -15.73%)
DFM: 1,984.46 (+0.54%) (YTD: -28.23%)
KSE Premier Market: 5,461.84 (+0.43%)
QE: 9,067.28 (+0.53%) (YTD: -13.03%)
MSM: 3,540.19 (+0.15%) (YTD: -11.08%)
BB: 1,269.71 (-0.01%) (YTD: -21.14%)

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