The Market Yesterday
EGP / USD CBE market average: Buy 15.64 | Sell 15.74
EGP / USD at CIB: Buy 15.63 | Sell 15.73
EGP / USD at NBE: Buy 15.65 | Sell 15.75
EGX30 (Monday): 11,398 (+0.3%)
Turnover: EGP 1.5 bn (33% above the 90-day average)
EGX 30 year-to-date: -18.4%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.3%. CIB, the index’s heaviest constituent was flat. EGX30’s top performing constituents were Heliopolis Housing up 3.6%, CIRA up 2.7%, and Elsewedy Electric up 2.7%. Yesterday’s worst performing stocks were Madinet Nasr Housing down 3.1%, Ezz Steel down 1.3% and Orascom Development down 1.2%. The market turnover was EGP 1.5 bn, and domestic investors were the sole net sellers.
Foreigners: Net Long | EGP +33.9 mn
Regional: Net Long | EGP +23.9 mn
Domestic: Net Short | EGP -57.8 mn
Retail: 72.3% of total trades | 74.0% of buyers | 70.6% of sellers
Institutions: 27.7% of total trades | 26.0% of buyers | 29.4% of sellers
WTI: USD 39.50 (+0.18%)
Brent: USD 41.72 (-2.64%)
Natural Gas: (Nymex, futures prices) USD 2.85 MMBtu (-1.18%, November 2020 contract)
Gold: USD 1,928.60 / troy ounce (-0.02%)
TASI: 8,544.94 (+0.37%) (YTD: +1.86%)
ADX: 4,532.82 (+0.89%) (YTD: -10.70%)
DFM: 2,234.83 (+0.51%) (YTD: -19.17%)
KSE Premier Market: 6,439.04 (+0.08%)
QE: 10,056.95 (+0.56%) (YTD: -3.54%)
MSM: 3,584.22 (-0.18%) (YTD: -9.97%)
BB: 1,478.51 (+0.40%) (YTD: -8.18%)