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Sunday, 19 July 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.91 | Sell 16.01
EGP / USD at CIB: Buy 15.92 | Sell 16.02
EGP / USD at NBE: Buy 15.92 | Sell 16.02

EGX30 (Thursday): 10.441 (-1.7%)
Turnover: EGP 817 mn (10% below the 90-day average)
EGX 30 year-to-date: -25.2%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 1.7%. CIB, the index’s heaviest constituent, ended down 2.8%. EGX30’s top performing constituents were CIRA up 2.4%, Sodic up 1.6%, and Eastern Company up 0.5%. Thursday’s worst performing stocks were Dice down 6.1%, Juhayna down 5.4% and Credit Agricole down 5.1%. The market turnover was EGP 817 mn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -57.8 mn
Regional: Net long | EGP +19.8 mn
Domestic: Net long | EGP +38 mn

Retail: 67.9% of total trades | 69.5% of buyers | 66.3% of sellers
Institutions: 32.1% of total trades | 30.5% of buyers | 33.7% of sellers

WTI: USD 40.59 (-0.39%)
Brent: USD 43.14 (-0.53%)

Natural Gas (Nymex, futures prices) USD 1.72 MMBtu, (-0.29%, August 2020 contract)
Gold: USD 1,810.00 / troy ounce (+0.54%)

TASI: 7,426 (+0.12%) (YTD: -11.47%)
ADX: 4,274 (+1.26%) (YTD: -15.79%)
DFM: 2,052 (+0.22%) (YTD: -25.76%)
KSE Premier Market: 5,501 (-0.94%)
QE: 9,310 (-0.89%) (YTD: -10.69%)
MSM: 3,450 (-0.32%) (YTD: -13.34%)
BB: 1,302 (-0.14%) (YTD: -19.11%)

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