The Market Yesterday
EGP / USD CBE market average: Buy 15.65 | Sell 15.75
EGP / USD at CIB: Buy 15.65 | Sell 15.75
EGP / USD at NBE: Buy 15.65 | Sell 15.75
EGX30 (Tuesday): 11,158 (-0.1%)
Turnover: EGP 928 mn (17% below the 90-day average)
EGX 30 year-to-date: -20.1%
THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.1%. CIB, the index’s heaviest constituent, ended up 0.2%. EGX30’s top performing constituents were the Export Development Bank up 5.4%, Cleopatra Hospitals Group up 2.9%, and EFG Hermes up 2.1%. Yesterday’s worst performing stocks were Egyptian Iron & Steel down 2.6%, Beltone Financial Holding down 2.4% and Pioneers Holding down 2.0%. The market turnover was EGP 928 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -65.0 mn
Regional: Net Long | EGP +20.5 mn
Domestic: Net Long | EGP +44.5 mn
Retail: 76.0% of total trades | 77.4% of buyers | 74.7% of sellers
Institutions: 24.0% of total trades | 22.6% of buyers | 25.3% of sellers
WTI: USD 41.46 (+1.54%)
Brent: USD 43.16 (+1.27%)
Natural Gas: (Nymex, futures prices) USD 2.91 MMBtu (0.00%, November 2020 contract)
Gold: USD 1,913.80 / troy ounce (-0.08%)
TASI: 8,533.00 (-0.17%) (YTD: +1.71%)
ADX: 4,542.63 (-0.37%) (YTD: -10.50%)
DFM: 2,180.81 (-1.27%) (YTD: -21.12%)
KSE Premier Market: 6,245.02 (+0.42%)
QE: 10,015.52 (+0.16%) (YTD: -3.93%)
MSM: 3,586.98 (-0.04%) (YTD: -9.90%)
BB: 1,454.61 (-0.44%) (YTD: -9.66%)