The Market Yesterday
EGP / USD CBE market average: Buy 15.88 | Sell 15.98
EGP / USD at CIB: Buy 15.87 | Sell 15.97
EGP / USD at NBE: Buy 15.88 | Sell 15.98
EGX30 (Sunday): 11,120 (+1.6%)
Turnover: EGP 1.5 bn (50% above the 90-day average)
EGX 30 year-to-date: -20.35%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 1.6%. CIB, the index’s heaviest constituent, ended up 1.5%. EGX30’s top performing constituents were Ezz Steel up 8.6%, Sidi Kerir Petrochemicals up 4.9%, and TMG Holding up 4.5%. Yesterday’s worst performing stocks were Ibnsina Pharma down 2.4%, Dice down 0.8% and Credit Agricole down 0.3%. The market turnover was EGP 1.5 bn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -1.2 mn
Regional: Net Short | EGP -46.1 mn
Domestic: Net Long | EGP +47.3 mn
Retail: 73.1% of total trades | 69.8% of buyers | 76.5% of sellers
Institutions: 26.9% of total trades | 30.2% of buyers | 23.5% of sellers
WTI: USD 42.31 (+0.71%)
Brent: USD 45.06 (+0.58%)
Natural Gas (Nymex, futures prices) USD 2.37 MMBtu, (+0.64%, September 2020 contract)
Gold: USD 1,956.10 / troy ounce (+0.32%)
TASI: 7,759.48 (+0.72%) (YTD: -7.51%)
ADX: 4,413.27 (+0.61%) (YTD: -13.05%)
DFM: 2,183.37 (+1.30%) (YTD: -21.03%)
KSE Premier Market: 5,742.03 (+1.58%)
QE: 9,603.06 (+0.01%) (YTD: -7.89%)
MSM: 3,560.28 (-0.14%) (YTD: -10.57%)
BB: 1,328.36 (+1.30%) (YTD: -17.50%)