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Thursday, 13 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 15.92 | Sell 16.02
EGP / USD at NBE: Buy 15.90 | Sell 16.00

EGX30 (Wednesday): 10,922 (+0.3%)
Turnover: EGP 1.3 bn (33% above the 90-day average)
EGX 30 year-to-date: -21.77%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.3%. CIB, the index’s heaviest constituent, ended up 0.2%. EGX30’s top performing constituents were Pioneers Holding up 4.4%, Dice up 3.9%, and Egyptian Resorts up 3.5%. Yesterday’s worst performing stocks were Emaar Misr down 2.4%, CIRA down 2.2% and GB Auto down 1.6%. The market turnover was EGP 1.3 bn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -44.4 mn
Regional: Net Short | EGP -11.5 mn
Domestic: Net Long | EGP +55.8 mn

Retail: 82.8% of total trades | 83.2% of buyers | 82.4% of sellers
Institutions: 17.2% of total trades | 16.8% of buyers | 17.6% of sellers

WTI: USD 42.56 (+2.28%)
Brent: USD 45.33 (+1.87%)

Natural Gas (Nymex, futures prices) USD 2.15 MMBtu (-0.92%, September 2020 contract)
Gold: USD 1,926.20 / troy ounce (-1.03%)

TASI: 7,645.55 (+0.25%) (YTD: -8.86%)
ADX: 4,359.58 (-0.20%) (YTD: -14.11%)
DFM: 2,115.31 (+0.86%) (YTD: -23.49%)
KSE Premier Market: 5,682.77 (+1.33%)
QE: 9,553.10 (+0.31%) (YTD: -8.37%)
MSM: 3,566.90 (-0.16%) (YTD: -10.41%)
BB: 1,314.55 (+0.54%) (YTD: -18.36%)

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