The Market Yesterday
EGP / USD CBE market average: Buy 15.88 | Sell 15.98
EGP / USD at CIB: Buy 15.88 | Sell 15.98
EGP / USD at NBE: Buy 15.88 | Sell 15.98
EGX30 (Sunday): 11,391 (+2.1%)
Turnover: EGP 1.4 bn (36% above the 90-day average)
EGX 30 year-to-date: -18.41%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 2.1%. CIB, the index’s heaviest constituent, ended up 2.1%. EGX30’s top performing constituents were AMOC up 6.7%, Sidi Kerir Petrochemicals up 5.9%, and Madinet Nasr Housing up 4.4%. The market turnover was EGP 1.4 bn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -27.6 mn
Regional: Net Long | EGP +26.7 mn
Domestic: Net Long | EGP +0.8 mn
Retail: 76.6% of total trades | 75.3% of buyers | 78.0% of sellers
Institutions: 23.4% of total trades | 24.7% of buyers | 22.0% of sellers
WTI: USD 42.51 (+0.40%)
Brent: USD 44.51 (+0.36%)
Natural Gas (Nymex, futures prices) USD 2.45 MMBtu, (+0.12%, September 2020 contract)
Gold: USD 1,946.10 / troy ounce (-0.05%)
TASI: 7,901.93 (+0.75%) (YTD: -5.81%)
ADX: 4,542.96 (+0.94%) (YTD: -10.50%)
DFM: 2,235.58 (-0.50%) (YTD: -19.14%)
KSE Premier Market: 5,646.20 (-1.89%)
QE: 9,809.05 (+0.43%) (YTD: -5.91%)
MSM: 3,628.90 (+0.59%) (YTD: -8.85%)
BB: 1,354.99 (-0.02%) (YTD: -15.85%)