The Market Yesterday
EGP / USD CBE market average: Buy 15.75 | Sell 15.85
EGP / USD at CIB: Buy 15.75 | Sell 15.85
EGP / USD at NBE: Buy 15.77 | Sell 15.87
EGX30 (Sunday): 11,073(-1.0%)
Turnover: EGP 1 bn (8% below the 90-day average)
EGX 30 year-to-date: -20.7%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 1.0%. CIB, the index’s heaviest constituent, ended down 0.5%. EGX30’s top performing constituents were Telecom Egypt up 2.1%, and Ezz Steel up 0.3%. Yesterday’s worst performing stocks were AMOC down 5.6%, Sidi Kerir Petrochemicals down 3.7% and Egyptian Resorts down 3.1%. The market turnover was EGP 1 bn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -74.1 mn
Regional: Net short | EGP -7.4 mn
Domestic: Net long | EGP +81.5 mn
Retail: 79.8% of total trades | 80.8% of buyers | 78.9% of sellers
Institutions: 20.2% of total trades | 19.2% of buyers | 21.1% 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: 8,024 (-0.25%) (YTD: -4.35%)
ADX: 4,522 (-0.64%) (YTD: -10.89%)
DFM: 2,258 (-1.06%) (YTD: -18.31%)
KSE Premier Market: 5,815 (-0.84%)
QE: 9,723 (-1.15%) (YTD: -6.73%)
MSM: 3,706 (-1.05%) (YTD: -6.89%)
BB: 1,402 (-0.53%) (YTD: -12.88%)