The Market Yesterday
EGP / USD CBE market average: Buy 15.70 | Sell 15.80
EGP / USD at CIB: Buy 15.71 | Sell 15.81
EGP / USD at NBE: Buy 15.70 | Sell 15.80
EGX30 (Monday): 10,967 (+0.6%)
Turnover: EGP 1.2 bn (7% above the 90-day average)
EGX 30 year-to-date: -21.4%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.6%. CIB, the index’s heaviest constituent, ended down 0.2%. EGX30’s top performing constituents were Eastern Company up 4.4%, Egyptian Resorts up 3.6%, and SODIC up 2.5%. Yesterday’s worst performing stocks were KIMA down 1.8%, Ezz Steel down 1.7% and Sidi Kerir Petrochemicals down 1.6%. The market turnover was EGP 1.2 bn, and foreign investors were the sole net sellers.
Foreigners: Net short | EGP -61.2 mn
Regional: Net long | EGP +50.5 mn
Domestic: Net long | EGP +10.7 mn
Retail: 76.8% of total trades | 77.9% of buyers | 75.7% of sellers
Institutions: 23.2% of total trades | 22.1% of buyers | 24.3% of sellers
WTI: USD 40.57 (-0.07%)
Brent: USD 42.43 (+1.22%)
Natural Gas: (Nymex, futures prices) USD 2.10 MMBtu, (-1.78%, November 2020 contract)
Gold: USD 1,885.20 / troy ounce (+0.15%)
TASI: 8,334 (+0.49%) (YTD: -0.65%)
ADX: 4,492 (+0.14%) (YTD: -11.50%)
DFM: 2,261 (+0.74%) (YTD: -18.21%)
KSE Premier Market: 6,155 (-0.45%)
QE: 9,883 (+0.70%) (YTD: -5.20%)
MSM: 3,621 (+0.01%) (YTD: -9.04%)
BB: 1,449 (-0.14%) (YTD: -10.00%)