The Market Yesterday
EGP / USD CBE market average: Buy 16.08 | Sell 16.18
EGP / USD at CIB: Buy 16.09 | Sell 16.19
EGP / USD at NBE: Buy 16.07 | Sell 16.17
EGX30 (Tuesday): 10,765 (+0.1%)
Turnover: EGP 1.1 bn (34% above the 90-day average)
EGX 30 year-to-date: -22.9%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.1%. CIB, the index’s heaviest constituent, ended down 0.7%. EGX30’s top performing constituents were Porto Group up 6.1%, Sodic up 3.5%, and Credit Agricole up 3.0%. Tuesday’s worst performing stocks were Dice down 1.9%, Egypt Kuwait Holding down 1.1% and CIB down 0.7%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -120.1 mn
Regional: Net short | EGP -20.5 mn
Domestic: Net long | EGP +140.5 mn
Retail: 64.0% of total trades | 62.1% of buyers | 65.9% of sellers
Institutions: 36.0% of total trades | 37.9% of buyers | 34.1% of sellers
WTI: USD 40.32 (-0.81%)
Brent: USD 42.80 (-0.79%)
Natural Gas (Nymex, futures prices) USD 1.75 MMBtu, (+0.92%, August 2020 contract)
Gold: USD 1,787.30 / troy ounce (-0.15%)
TASI: 7,312 (+0.81%) (YTD: -12.84%)
ADX: 4,311 (+0.62%) (YTD: -15.05%)
DFM: 2,061 (-0.14%) (YTD: -25.44%)
KSE Premier Market: 5,599 (+0.59%)
QE: 9,211 (+1.37%) (YTD: -11.64%)
MSM: 3,511 (-0.18%) (YTD: -11.79%)
BB: 1,274 (+0.17%) (YTD: -20.86%)