The Market Yesterday
EGP / USD CBE market average: Buy 15.69 | Sell 15.79
EGP / USD at CIB: Buy 15.69 | Sell 15.79
EGP / USD at NBE: Buy 15.71 | Sell 15.81
EGX30 (Thursday): 11,051 (-0.3%)
Turnover: EGP 1.5 bn (33% above the 90-day average)
EGX 30 year-to-date: -20.9%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.3%. CIB, the index’s heaviest constituent, ended down 1.1%. EGX30’s top performing constituents were GB Auto up 3.4%, Pioneers Holding up 3.3%, and CIRA up 2.9%. Thursday’s worst performing stocks were Sidi Kerir Petrochemicals down 2.6%, Telecom Egypt down 2.4% and Ezz Steel down 1.7%. The market turnover was EGP 1.5 bn, and foreign investors were the sole net sellers.
Foreigners: Net short | EGP -158.3 mn
Regional: Net long | EGP +39.6 mn
Domestic: Net long | EGP +118.7 mn
Retail: 68.2% of total trades | 70.7% of buyers | 65.7% of sellers
Institutions: 31.8% of total trades | 29.3% of buyers | 34.3% of sellers
WTI: USD 41.11 (+0.34%)
Brent: USD 43.15 (-0.35%)
Natural Gas: (Nymex, futures prices) USD 2.05 MMBtu, (+0.29%, October 2020 contract)
Gold: USD 1,962.10 / troy ounce (+0.63%)
TASI: 8,337 (+0.32%) (YTD: -0.61%)
ADX: 4,510 (+0.12%) (YTD: -11.13%)
DFM: 2,320 (+0.86%) (YTD: -16.06%)
KSE Premier Market: 6,009 (+1.28%)
QE: 9,942 (+0.01%) (YTD: -4.64%)
MSM: 3,647 (-0.40%) (YTD: -8.38%)
BB: 1,436 (+1.23%) (YTD: -10.86%)