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Sunday, 25 October 2020

The Market Yesterday

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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 (Thursday): 10,987 (-1.0%)
Turnover: EGP 1.2 bn (7% above the 90-day average)
EGX 30 year-to-date: -21.3%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 1.0%. EGX30’s top performing constituents were Juhyana up 3.4% and Ibnsina Pharma up 1.9%. Thursday’s worst performing stocks were Beltone Financial Holding down 6.9%, Egyptian Iron & Steel down 6.3% and Qalaa Holdings down 6.1%. The market turnover was EGP 1.2 bn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -23.6 mn
Regional: Net Long | EGP +20.0 mn
Domestic: Net Long | EGP +3.6 mn

Retail: 76.6% of total trades | 73.2% of buyers | 79.9% of sellers
Institutions: 23.4% of total trades | 26.8% of buyers | 20.1% of sellers

WTI: USD 39.85 (-1.94%)
Brent: USD 41.77 (-1.63%)

Natural Gas: (Nymex, futures prices) USD 2.97 MMBtu (-1.20%, November 2020 contract)
Gold: USD 1,905.20 / troy ounce (+0.03%)

TASI: 8,505.18 (+0.10%) (YTD: +1.38%)
ADX: 4,556.74 (+0.29%) (YTD: -10.23%)
DFM: 2,185.55 (+0.66%) (YTD: -20.95%)
KSE Premier Market: 6,230.87 (-0.79%)
QE: 9,958.37 (-0.07%) (YTD: -4.48%)
MSM: 3,557.40 (-0.81%) (YTD: -10.64%)
BB: 1,447.53 (-0.41%) (YTD: -10.10%)

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