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Tuesday, 22 September 2020

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 15.68 | Sell 15.78
EGP / USD at CIB: Buy 15.68 | Sell 15.78
EGP / USD at NBE: Buy 15.70 | Sell 15.80

EGX30 (Monday): 10,910 (-0.5%)
Turnover: EGP 1.6 bn (42% above the 90-day average)
EGX 30 year-to-date: -21.9%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.5%. CIB, the index’s heaviest constituent, ended up 0.4%. EGX30’s top performing constituents were KIMA up 2.4%, Dice up 0.9%, and CIB up 0.4%. Yesterday’s worst performing stocks were GB Auto down 4.8%, Pioneers Holding down 3.6% and Ibnsina Pharma down 3.2%. The market turnover was EGP 1.6 bn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -29.9 mn
Regional: Net long | EGP +15.3 mn
Domestic: Net long | EGP +14.6 mn

Retail: 77.7% of total trades | 76.2% of buyers | 79.2% of sellers
Institutions: 22.3% of total trades | 23.8% of buyers | 20.8% of sellers

WTI: USD 39.72 (+1.04%)
Brent: USD 41.44 (-3.96%)

Natural Gas: (Nymex, futures prices) USD 1.87 MMBtu, (+1.69%, October 2020 contract)
Gold: USD 1,919.30 / troy ounce (+0.46%)

TASI: 8,291 (-0.88%) (YTD: -1.17%)
ADX: 4,492 (-1.19%) (YTD: -11.50%)
DFM: 2,270 (-2.16%) (YTD: -17.90%)
KSE Premier Market: 6,116 (+0.68%)
QE: 9,764 (-1.53%) (YTD: -6.34%)
MSM: 3,626 (+0.20%) (YTD: -8.91%)
BB: 1,440 (-0.11%) (YTD: -10.54%)

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