The Market Yesterday
EGP / USD CBE market average: Buy 15.74 | Sell 15.84
EGP / USD at CIB: Buy 15.74 | Sell 15.84
EGP / USD at NBE: Buy 15.75 | Sell 15.85
EGX30 (Monday): 11,136 (+0.6%)
Turnover: EGP 1.1 bn (equal to the 90-day average)
EGX 30 year-to-date: -20.2%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.6%. CIB, the index’s heaviest constituent, ended up 1.0%. EGX30’s top performing constituents were Telecom Egypt up 2.3%, Ezz Steel up 1.7%, and Orascom Investment Holding up 1.6%. Yesterday’s worst performing stocks were AMOC down 1.5%, Qalaa Holdings down 1.1% and Pioneers Holding down 1.0%. The market turnover was EGP 1.1 bn, and foreign investors were the sole net sellers.
Foreigners: Net short | EGP -109.7 mn
Regional: Net long | EGP +10.1 mn
Domestic: Net long | EGP +99.6 mn
Retail: 72.3% of total trades | 71.5% of buyers | 73.0% of sellers
Institutions: 27.7% of total trades | 28.5% of buyers | 27.0% of sellers
WTI: USD 39.19 (-1.46%)
Brent: USD 42.01 (-1.52%)
Natural Gas: (Nymex, futures prices) USD 2.54 MMBtu, (-1.89%, October 2020 contract)
Gold: USD 1,936.10 / troy ounce (+0.09%)
TASI: 8,050 (+0.32%) (YTD: -4.04%)
ADX: 4,507 (-0.33%) (YTD: -11.19%)
DFM: 2,271 (+0.56%) (YTD: -17.85%)
KSE Premier Market: 5,807 (-0.13%)
QE: 9,725 (+0.02%) (YTD: -6.72%)
MSM: 3,706 (-0.01%) (YTD: -6.90%)
BB: 1,404 (+0.15%) (YTD: -12.75%)