The Market Yesterday
EGP / USD CBE market average: Buy 16.17 | Sell 16.27
EGP / USD at CIB: Buy 16.17 | Sell 16.27
EGP / USD at NBE: Buy 16.15 | Sell 16.25
EGX30 (Sunday): 11,109 (+4.6%)
Turnover: EGP 1.4 bn (89% above the 90-day average)
EGX 30 year-to-date: -20.4%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 4.6%. CIB, the index’s heaviest constituent, ended up 5.6%. EGX30’s top performing constituents were Pioneers Holding up 8.6%, EFG Hermes up 8.2%, and TMG Holding up 6.2%. Yesterday’s worst performing stocks were Juhayna down 0.8% and Ibnsina Pharma down 0.3%. The market turnover was EGP 1.4 bn, and regional investors were the sole net sellers.
Foreigners: Net Long | EGP +15.1 mn
Regional: Net Short | EGP -177.2 mn
Domestic: Net Long | EGP +162.1 mn
Retail: 62.0% of total trades | 52.2% of buyers | 71.8% of sellers
Institutions: 38.0% of total trades | 47.8% of buyers | 28.2% of sellers
WTI: USD 39.64 (+0.23%)
Brent: USD 42.63 (+0.78%)
Natural Gas (Nymex, futures prices) USD 1.76 MMBtu, (-1.23%, July 2020 contract)
Gold: USD 1,683.90 / troy ounce (+0.05%)
TASI: 7,267.86 (+0.83%) (YTD: -13.37%)
ADX: 4,405.32 (+2.37%) (YTD: -13.21%)
DFM: 2,133.34 (+4.60%) (YTD: -22.84%)
KSE Premier Market: 5,507.27 (+0.88%)
QE: 9,349.30 (+1.05%) (YTD: -10.32%)
MSM: 3,538.32 (+0.59%) (YTD: -11.12%)
BB: 1,269.85 (-0.27%) (YTD: -21.14%)