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Sunday, 9 August 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 15.91 | Sell 16.01
EGP / USD at NBE: Buy 15.91 | Sell 16.01

EGX30 (Thursday): 10,817 (+1.1%)
Turnover: EGP 1.2 bn (25% above the 90-day average)
EGX 30 year-to-date: -22.5%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1.1%. CIB, the index’s heaviest constituent, ended up 1.8%. EGX30’s top performing constituents were Sodic up 4.9%, GB Auto up 4.6%, and Qalaa Holdings up 3.9%. Thursday’s worst performing stocks were Juhayna down 3.5%, Orascom Construction down 2.8% and Ibnsina Pharma down 1.2%. The market turnover was EGP 1.2 bn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -87.5 mn
Regional: Net Long | EGP +33.5 mn
Domestic: Net Long | EGP +53.9 mn

Retail: 71.7% of total trades | 71.8% of buyers | 70.3% of sellers
Institutions: 28.3% of total trades | 28.2% of buyers | 29.7% of sellers

WTI: USD 41.22 (-1.74%)
Brent: USD 44.40 (-1.53%)

Natural Gas (Nymex, futures prices) USD 2.24 MMBtu, (+3.37%, September 2020 contract)
Gold: USD 2,028.00 / troy ounce (-2.00%)

TASI: 7,499.97 (+0.40%) (YTD: -10.60%)
ADX: 4,359.59 (+1.25%) (YTD: -14.11%)
DFM: 2,107.64 (+1.36%) (YTD: -23.77%)
KSE Premier Market: 5,484.13 (-0.12%)
QE: 9,411.83 (+0.96%) (YTD: -9.72%)
MSM: 3,568.10 (+0.28%) (YTD: -10.38%)
BB: 1,288.83 (-0.28%) (YTD: -19.96%)

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