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Thursday, 5 November 2020

The Market Yesterday

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

EGX30 (Wednesday): 10,557 (+0.4%)
Turnover: EGP 810 mn (28% below the 90-day average)
EGX 30 year-to-date: -24.4%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.4%. CIB, the index’s heaviest constituent, ended up 0.2%. EGX30’s top performing constituents were GB Auto up 4.6%, Telecom Egypt up 2.4%, and Beltone Financial Holding up 2.1%. Yesterday’s worst performing stocks were Credit Agricole down 1.9%, Export Development Bank down 1.6% and Egypt Kuwait Holding down 0.7%. The market turnover was EGP 810 mn, and foreign investors were the sole net sellers.

Foreigners: Net short | EGP -73.3 mn
Regional: Net long | EGP +5.2 mn
Domestic: Net long | EGP +68.0 mn

Retail: 74.1% of total trades | 73.9% of buyers | 74.3% of sellers
Institutions: 25.9% of total trades | 26.1% of buyers | 25.7% of sellers

WTI: USD 38.86 (-0.74%)
Brent: USD 41.23 (+3.83%)

Natural Gas: (Nymex, futures prices) USD 3.08 MMBtu, (+0.93%, December 2020 contract)
Gold: USD 1,906.20 / troy ounce (+0.53%)

TASI: 8,088 (+1.13%) (YTD: -3.58%)
ADX: 4,689 (+0.87%) (YTD: -7.60%)
DFM: 2,153 (+0.65%) (YTD: -22.11%)
KSE Premier Market: 6,034 (-0.13%)
QE: 9,726 (+0.27%) (YTD: -6.70%)
MSM: 3,535 (-0.06%) (YTD: -11.18%)
BB: 1,441 (+0.33%) (YTD: -10.50%)

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