The Market Yesterday
EGP / USD CBE market average: Buy 15.85 | Sell 15.95
EGP / USD at CIB: Buy 15.84 | Sell 15.94
EGP / USD at NBE: Buy 15.85 | Sell 15.95
EGX30 (Tuesday): 11,462 (+0.2%)
Turnover: EGP 1.7 bn (61% above the 90-day average)
EGX 30 year-to-date: -17.9%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.2%. CIB, the index’s heaviest constituent, ended up 0.9%. EGX30’s top performing constituents were Orascom Investment Holding up 2.4%, Elsewedy Electric up 1.4%, and Juhayna up 1.2%. Yesterday’s worst performing stocks were Palm Hills Developments down 2.5%, Ezz Steel down 2.1% and Sidi Kerir Petrochemicals down 1.8%. The market turnover was EGP 1.7 bn, and domestic investors were the sole net sellers.
Foreigners: Net Long | EGP +81.0 mn
Regional: Net Long | EGP +4.2 mn
Domestic: Net Short | EGP -85.2 mn
Retail: 69.5% of total trades | 69.3% of buyers | 69.8% of sellers
Institutions: 30.5% of total trades | 30.7% of buyers | 30.2% of sellers
WTI: USD 43.42 (+0.16%)
Brent: USD 45.86 (+1.62%)
Natural Gas (Nymex, futures prices) USD 2.48 MMBtu, (-0.40%, September 2020 contract)
Gold: USD 1,935.50 / troy ounce (+0.64%)
TASI: 7,938.36 (-0.24%) (YTD: -5.37%)
ADX: 4,558.70 (-0.25%) (YTD: -10.19%)
DFM: 2,304.50 (+1.03%) (YTD: -16.65%)
KSE Premier Market: 5,806.17 (+1.13%)
QE: 9,902.12 (+0.19%) (YTD: -4.95%)
MSM: 3,730.10 (+1.08%) (YTD: -6.31%)
BB: 1,373.84 (+0.61%) (YTD: -14.68%)