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 (Monday): 11,142 (+0.2%)
Turnover: EGP 1.7 bn (68% above the 90-day average)
EGX 30 year-to-date: -20.19%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.2%. CIB, the index’s heaviest constituent, ended up 1.3%. EGX30’s top performing constituents were Ezz Steel up 4.0%, Porto Group up 1.8%, and Qalaa Holdings up 1.6%. Yesterday’s worst performing stocks were Dice down 3.0%, Kima down 2.5% and Emaar Misr down 2.4%. The market turnover was EGP 1.7 bn, and domestic investors were the sole net buyers.
Foreigners: Net Short | EGP -34.2 mn
Regional: Net Short | EGP -0.8 mn
Domestic: Net Long | EGP +35.0 mn
Retail: 72.2% of total trades | 69.5% of buyers | 74.9% of sellers
Institutions: 27.8% of total trades | 30.5% of buyers | 25.1% of sellers
WTI: USD 42.81 (+1.90%)
Brent: USD 45.30 (+1.12%)
Natural Gas (Nymex, futures prices) USD 2.34 MMBtu, (-0.72%, September 2020 contract)
Gold: USD 1,994.00 / troy ounce (+2.27%)
TASI: 7,757.26 (-0.3%) (YTD: -7.53%)
ADX: 4,431.33 (+0.41%) (YTD: -12.70%)
DFM: 2,205.97 (+1.04%) (YTD: -20.21%)
KSE Premier Market: 5,797.98 (+0.97%)
QE: 9,695.32 (+0.96%) (YTD: -7.00%)
MSM: 3,551.35 (-0.25%) (YTD: -10.80%)
BB: 1,348.52 (+1.52%) (YTD: -16.25%)