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Tuesday, 30 June 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 16.11 | Sell 16.21
EGP / USD at CIB: Buy 16.11 | Sell 16.21
EGP / USD at NBE: Buy 16.09 | Sell 16.19

EGX30 (Monday): 10,750 (-0.9%)
Turnover: EGP 771 mn (4% below the 90-day average)
EGX 30 year-to-date: -23.0%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.9%. CIB, the index’s heaviest constituent, ended down 1.4%. EGX30’s top performing constituents were Juhayna up 2.3%, Ezz Steel up 2.0%, and Ibnsina Pharma up 0.9%. Yesterday’s worst performing stocks were CIRA down 3.3%, Porto Group down 3.1% and GB Auto down 1.9%. The market turnover was EGP 771 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -83.6 mn
Regional: Net Long | EGP +4.5 mn
Domestic: Net Long | EGP +79.1 mn

Retail: 52.2% of total trades | 54.5% of buyers | 49.9% of sellers
Institutions: 47.8% of total trades | 45.5% of buyers | 50.1% of sellers

WTI: USD 39.63 (+2.96%)
Brent: USD 41.67 (+1.58%)

Natural Gas (Nymex, futures prices) USD 1.69 MMBtu, (+9.65%, August 2020 contract)
Gold: USD 1,781.20 / troy ounce (+0.05%)

TASI: 7,287.41 (-0.07%) (YTD: -13.13%)
ADX: 4,275.33 (-0.68%) (YTD: -15.77%)
DFM: 2,080.66 (-0.21%) (YTD: -24.75%)
KSE Premier Market: 5,620.30 (-0.64%)
QE: 9,052.29 (-0.83%) (YTD: -13.17%)
MSM: 3,520.57 (-0.11%) (YTD: -11.57%)
BB: 1,277.71 (+0.04%) (YTD: -20.65%)

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