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Wednesday, 29 July 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.93 | Sell 16.03
EGP / USD at CIB: Buy 15.93 | Sell 16.03
EGP / USD at NBE: Buy 15.92 | Sell 16.02

EGX30 (Tuesday): 10,569 (-0.1%)
Turnover: EGP 1.1 bn (17% above the 90-day average)
EGX 30 year-to-date: -24.3%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.4%. EGX30’s top performing constituents were GB Auto up 3.7%, Elsewedy Electric up 3.5%, and Ibnsina Pharma up 3.3%. Yesterday’s worst performing stocks were EFG Hermes down 3.9%, Kima down 2.6% and Dice down 1.2%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.

Foreigners: Net short | EGP -59.2 mn
Regional: Net short | EGP -28.0 mn
Domestic: Net long | EGP +87.2 mn

Retail: 57.5% of total trades | 56.6% of buyers | 58.3% of sellers
Institutions: 42.5% of total trades | 43.4% of buyers | 41.7% of sellers

WTI: USD 41.05 (-1.32%)
Brent: USD 43.26 (-0.35%)

Natural Gas (Nymex, futures prices) USD 1.80 MMBtu, (+3.52%, August 2020 contract)
Gold: USD 1,971.40 / troy ounce (+0.82%)

TASI: 7,459 (+0.05%) (YTD: -11.09%)
ADX: 4,324 (-0.15%) (YTD: -14.80%)
DFM: 2,065 (+0.19%) (YTD: -25.30%)
KSE Premier Market: 5,488 (+2.55%)
QE: 9,371 (+0.22%) (YTD: -10.11%)
MSM: 3,558 (+0.04%) (YTD: -10.62%)
BB: 1,289 (+0.57%) (YTD: -19.94%)

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