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Monday, 20 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 (Sunday): 10,281 (-1.5%)
Turnover: EGP 733 mn (20% below the 90-day average)
EGX 30 year-to-date: -26.4%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 1.5%. CIB, the index’s heaviest constituent, ended down 2.4%. EGX30’s top performing constituents were SODIC up 4.5%, KIMA up 0.8%, and EFG Hermes up 0.7%. Yesterday’s worst performing stocks were Ezz Steel down 3.7%, Orascom Development Egypt down 3.3% and Emaar Misr down 3.1%. The market turnover was EGP 733 mn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -9.8 mn
Regional: Net long | EGP +8.4 mn
Domestic: Net long | EGP +1.4 mn

Retail: 80.3% of total trades | 83.8% of buyers | 76.8% of sellers
Institutions: 19.7% of total trades | 16.2% of buyers | 23.2% 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: 7,423 (-0.05%) (YTD: -11.51%)
ADX: 4,255 (-0.44%) (YTD: -16.15%)
DFM: 2,061 (+0.43%) (YTD: -25.44%)
KSE Premier Market: 5,436 (-1.18%)
QE: 9,316 (+0.06%) (YTD: -10.64%)
MSM: 3,451 (+0.04%) (YTD: -13.31%)
BB: 1,291 (-0.87%) (YTD: -19.81%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2020 Enterprise Ventures LLC.