The Market Yesterday
EGP / USD CBE market average: Buy 16.13 | Sell 16.23
EGP / USD at CIB: Buy 16.12 | Sell 16.22
EGP / USD at NBE: Buy 16.11 | Sell 16.21
EGX30 (Monday): 10,742 (-0.8%)
Turnover: EGP 1.1 bn (40% above the 90-day average)
EGX 30 year-to-date: -23.1%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.8%. CIB, the index’s heaviest constituent, ended down 1.3%. EGX30’s top performing constituents were EFG Hermes up 2.9%, Cleopatra Hospital up 2.6%, and Porto Group up 2.2%. Yesterday’s worst performing stocks were SODIC down 3.2%, Eastern Co down 2.9% and CIRA down 2.1%. The market turnover was EGP 1.1 bn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -96.1 mn
Regional: Net Short | EGP -37.6 mn
Domestic: Net Long | EGP +133.6 mn
Retail: 70.9% of total trades | 73.1% of buyers | 68.7% of sellers
Institutions: 29.1% of total trades | 26.9% of buyers | 31.3% of sellers
WTI: USD 40.46 (+1.79%)
Brent: USD 42.98 (+1.87%)
Natural Gas (Nymex, futures prices) USD 1.66 MMBtu, (-0.54%, July 2020 contract)
Gold: USD 1,764.30 / troy ounce (+0.64%)
TASI: 7,260.09 (-1.17%) (YTD: -13.46%)
ADX: 4,346.92 (+0.28%) (YTD: -14.36%)
DFM: 2,090.92 (+1.56%) (YTD: -24.38%)
KSE Premier Market: 5,505.92 (+0.43%)
QE: 9,260.54 (-0.26%) (YTD: -11.17%)
MSM: 3,509.93 (-0.44%) (YTD: -11.84%)
BB: 1,278.52 (+0.31%) (YTD: -20.60%)