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Tuesday, 21 July 2020

The Market Yesterday

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

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

EGX30 (Monday): 10,380 (+1.0%)
Turnover: EGP 1.05 bn (15% above the 90-day average)
EGX 30 year-to-date: -25.7%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1%. CIB, the index’s heaviest constituent, ended up 1.8%. EGX30’s top performing constituents were Porto Group up 5.8%, Heliopolis Housing up 3.9%, and Orascom Development Egypt up 3.1%. Yesterday’s worst performing stocks were Dice down 3.7%, Sidi Kerir down 2.3% and Elsewedy Electric down 1.1%. The market turnover was EGP 1.05 bn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -161.8 mn
Regional: Net long | EGP +13.7 mn
Domestic: Net long | EGP +148.1 mn

Retail: 59.3% of total trades | 58.4% of buyers | 60.3% of sellers
Institutions: 40.7% of total trades | 41.6% of buyers | 39.7% of sellers

WTI: USD 40.71 (+0.30%)
Brent: USD 43.20 (+0.14%)

Natural Gas: (Nymex, futures prices) USD 1.64 MMBtu, (-4.48%, August contract)
Gold: USD 1,818.90 / troy ounce (+0.49%)

TASI: 7,377 (-0.62%) (YTD: -12.06%)
ADX: 4,238 (-0.41%) (YTD: -16.50%)
DFM: 2,064 (+0.17%) (YTD: -25.31%)
KSE Premier Market: 5,430 (-0.1%)
QE: 9,371 (+0.59%) (YTD: -10.11%)
MSM: 3,459 (+0.23%) (YTD: -13.11%)
BB: 1,293 (+0.17%) (YTD: -19.67%)

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