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Sunday, 4 October 2020

The Market Yesterday

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

EGP / USD CBE market average: Buy 15.70 | Sell 15.80
EGP / USD at CIB: Buy 15.69 | Sell 15.79
EGP / USD at NBE: Buy 15.70 | Sell 15.80

EGX30 (Thursday): 11,051 (+0.6%)
Turnover: EGP 1.0 bn (11% below the 90-day average)
EGX 30 year-to-date: -20.8%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.6%. CIB, the index’s heaviest constituent, ended down 0.1%. EGX30’s top performing constituents were Madinet Nasr Housing up 5.0%, Ezz Steel up 3.6%, and GB Auto up 2.9%. Thursday’s worst performing stocks were Egyptian Resorts down 0.7%, Juhayna down 0.6% and Dice down 0.4%. The market turnover was EGP 1.0 bn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -106.3 mn
Regional: Net Short | EGP -358.2 mn
Domestic: Net Long | EGP +464.3 mn

Retail: 55.5% of total trades | 24.6% of buyers | 86.5% of sellers
Institutions: 44.5% of total trades | 75.4% of buyers | 13.5% of sellers

WTI: USD 37.05 (-4.31%)
Brent: USD 39.27 (-4.06%)

Natural Gas: (Nymex, futures prices) USD 2.44 MMBtu, (-3.52%, November 2020 contract)
Gold: USD 1,907.60 / troy ounce (-0.45%)

TASI: 8,295.05 (-0.05%) (YTD: -1.12%)
ADX: 4,492.02 (-0.58%) (YTD: -11.50%)
DFM: 2,265.70 (-0.34%) (YTD: -18.05%)
KSE Premier Market: closed
QE: 10,005.90 (+0.16%) (YTD: -4.02%)
MSM: 3,614.64 (-0.19%) (YTD: -9.21%)
BB: 1,432.46 (-0.14%) (YTD: -11.04%)

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