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Tuesday, 11 August 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 15.91 | Sell 16.01
EGP / USD at NBE: Buy 15.91 | Sell 16.01

EGX30 (Monday): 10,398 (-0.2%)
Turnover: EGP 1.2 bn (24% above the 90-day average)
EGX 30 year-to-date: -21.65%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.2%. CIB, the index’s heaviest constituent, ended down 1.0%. EGX30’s top performing constituents were Sidi Kerir Petrochemicals up 3.9%, Madinet Nasr Housing up 3.7%, and AMOC up 2.4%. Yesterday’s worst performing stocks were Dice down 4.4%, Juhayna down 4.1% and GB Auto down 2.7%. The market turnover was EGP 1.2 bn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -98.1 mn
Regional: Net Short | EGP -7.2 mn
Domestic: Net Long | EGP +105.3 mn

Retail: 77.5% of total trades | 78.0% of buyers | 77.1% of sellers
Institutions: 22.5% of total trades | 22.0% of buyers | 22.9% of sellers

WTI: USD 42.00 (+0.14%)
Brent: USD 44.99 (+1.33%)

Natural Gas (Nymex, futures prices) USD 2.17 MMBtu, (+0.60%, September 2020 contract)
Gold: USD 2,037.90 / troy ounce (-0.09%)

TASI: 7,535.96 (+0.08%) (YTD: -10.17%)
ADX: 4,353.17 (+0.51%) (YTD: -14.23%)
DFM: 2,093.80 (+0.01%) (YTD: -24.27%)
KSE Premier Market: 5,546.95 (+0.64%)
QE: 9,417.88 (+0.20%) (YTD: -9.67%)
MSM: 3,576.75 (-0.30%) (YTD: -10.16%)
BB: 1,299.94 (+0.54%) (YTD: -19.27%)

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