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Sunday, 16 August 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.89 | Sell 15.99
EGP / USD at CIB: Buy 15.87 | Sell 15.97
EGP / USD at NBE: Buy 15.88 | Sell 15.98

EGX30 (Thursday): 10,944 (+0.2%)
Turnover: EGP 1.2 bn (22% above the 90-day average)
EGX 30 year-to-date: -21.6%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.2%. CIB, the index’s heaviest constituent, ended up 1.0%. EGX30’s top performing constituents were TMG Holding up 1.3%, ElSewedy Electric up 1.3%, and GB Auto up 1.2%. Thursday’s worst performing stocks were Juhayna down 2.9%, Ibnsina Pharma down 2.3% and Eastern Company down 2.3%. The market turnover was EGP 1.2 bn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -407.8 mn
Regional: Net Short | EGP -0.7 mn
Domestic: Net Long | EGP +408.5 mn

Retail: 54.2% of total trades | 54.7% of buyers | 53.7% of sellers
Institutions: 45.8% of total trades | 45.3% of buyers | 46.3% of sellers

WTI: USD 42.01 (-0.54%)
Brent: USD 44.80 (-0.36%)

Natural Gas (Nymex, futures prices) USD 2.36 MMBtu, (+7.97%, September 2020 contract)
Gold: USD 1,949.80 / troy ounce (-1.05%)

TASI: 7,704.25 (+0.77%) (YTD: -8.16%)
ADX: 4,386.67 (+0.62%) (YTD: -13.58%)
DFM: 2,155.40 (+1.90%) (YTD: -22.04%)
KSE Premier Market: 5,652.91 (-0.53%)
QE: 9,602.49 (+0.52%) (YTD: -7.89%)
MSM: 3,565.21 (-0.05%) (YTD: -10.45%)
BB: 1,311.30 (-0.25%) (YTD: -18.56%)

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