The Market Yesterday
EGP / USD CBE market average: Buy 16.04 | Sell 16.14
EGP / USD at CIB: Buy 16.09 | Sell 16.19
EGP / USD at NBE: Buy 16.05 | Sell 16.15
EGX30 (Sunday): 10,959 (+1.8%)
Turnover: EGP 1.1 bn (33% above the 90-day average)
EGX 30 year-to-date: -21.5%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.8%. CIB, the index’s heaviest constituent, ended up 1.9%. The EGX30’s top performing constituents were Porto Group up 9.9%, Sidi Kerir Petrochemicals up 6.1%, and Orascom Investment Holding up 5.9%. Yesterday’s worst performing stocks were Credit Agricole down 1.3%, Ibnsina Pharma down 1.2% and CIRA down 0.2%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -7.8 mn
Regional: Net short | EGP -2.0 mn
Domestic: Net long | EGP -+9.8 mn
Retail: 81.4% of total trades | 80.4% of buyers | 82.4% of sellers
Institutions: 18.6% of total trades | 19.6% of buyers | 17.6% 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: 7,388 (+1.04%) (YTD: -11.93%)
ADX: 4,303 (-0.18%) (YTD: -15.21%)
DFM: 2,062 (+0.03%) (YTD: -25.42%)
KSE Premier Market: 5,624 (+0.44%)
QE: 9,187 (-0.27%) (YTD: -11.88%)
MSM: 3,508 (-0.09%) (YTD: -11.87%)
BB: 1,277 (+0.25%) (YTD: -20.66%)