The Market Yesterday
EGP / USD CBE market average: Buy 15.76 | Sell 15.86
EGP / USD at CIB: Buy 15.77 | Sell 15.87
EGP / USD at NBE: Buy 15.78 | Sell 15.88
EGX30 (Thursday): 11,180 (-0.3%)
Turnover: EGP 1.1 bn (1% above the 90-day average)
EGX 30 year-to-date: -19.92%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.3%. CIB, the index’s heaviest constituent, ended down 0.03%. EGX30’s top performing constituents were CIRA up 2.3%, Kima up 1.0%, and Ezz Steel up 0.6%. Thursday’s worst performing stocks were Juhayna down 2.0%, Telecom Egypt down 2.0% and Orascom Development down 1.5%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -40.3 mn
Regional: Net short | EGP -21.0 mn
Domestic: Net long | EGP +61.3 mn
Retail: 76.0% of total trades | 78.5% of buyers | 73.5% of sellers
Institutions: 24.0% of total trades | 21.5% of buyers | 26.5% of sellers
WTI: USD 39.77 (-3.87%)
Brent: USD 42.66 (-3.20%)
Natural Gas (Nymex, futures prices) USD 2.59 MMBtu, (+4.06%, October 2020 contract)
Gold: USD 1,934 / troy ounce (-0.18%)
TASI: 8,045 (+0.40%) (YTD: -4.10%)
ADX: 4,552 (+0.11%) (YTD: -10.32%)
DFM: 2,282 (+1.02%) (YTD: -17.44%)
KSE Premier Market: 5,865 (-0.16%)
QE: 9,836 (+0.25%) (YTD: -5.65%)
MSM: 3,746 (-0.61%) (YTD: -5.90%)
BB: 1,410 (+0.85%) (YTD: -12.42%)