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Tuesday, 27 October 2020

The Market Yesterday

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EGP / USD CBE market average: Buy 15.66 | Sell 15.76
EGP / USD at CIB: Buy 15.65 | Sell 15.75
EGP / USD at NBE: Buy 15.65 | Sell 15.75

EGX30 (Monday): 10,512 (-0.9%)
Turnover: EGP 954 mn (15% below the 90-day average)
EGX 30 year-to-date: -24.7%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.9%. CIB, the index’s heaviest constituent, ended down 2.2%. EGX30’s top performing constituents were Oriental Weavers up 4.4%, Ibnsina Pharma up 2.8%, and Pioneers Holding up 2.2%. Yesterday’s worst performing stocks were EFG Hermes down 2.4%, CIB down 2.2% and Cleopatra Hospitals down 1.2%. The market turnover was EGP 954 mn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -221.0 mn
Regional: Net Short | EGP -4.2 mn
Domestic: Net Long | EGP +225.2 mn

Retail: 59.0% of total trades | 63.2% of buyers | 54.7% of sellers
Institutions: 41.0% of total trades | 36.8% of buyers | 45.3% of sellers

WTI: USD 38.53 (-3.31%)
Brent: USD 40.42 (-3.23%)

Natural Gas: (Nymex, futures prices) USD 3.03 MMBtu (+1.99%, November 2020 contract)
Gold: USD 1,905.00 / troy ounce (-0.01%)

TASI: 8,155.31 (+0.01%) (YTD: -2.79%)
ADX: 4,624.85 (+1.24%) (YTD: -8.88%)
DFM: 2,166.51 (-0.50%) (YTD: -21.64%)
KSE Premier Market: 6,036.63 (-1.97%)
QE: 9,807.53 (-0.01%) (YTD: -5.93%)
MSM: 3,563.92 (-0.01%) (YTD: -10.48%)
BB: 1,434.95 (-0.02%) (YTD: -10.88%)

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