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Sunday, 8 November 2020

The Market Yesterday

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EGP / USD CBE market average: Buy 15.63 | Sell 15.73
EGP / USD at CIB: Buy 15.63 | Sell 15.73
EGP / USD at NBE: Buy 15.64 | Sell 15.74

EGX30 (Thursday): 10,629 (+0.7%)
Turnover: EGP 974 mn (13% below the 90-day average)
EGX 30 year-to-date: -23.9%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.7%. CIB, the index’s heaviest constituent, ended up 1.0%. EGX30’s top performing constituents were Oriental Weavers up 2.3%, Egyptian Iron & Steel up 2.3%, and Juhayna up 1.9%. Thursday’s worst performing stocks were Beltone Financial Holding down 1.2%, GB Auto down 1.1% and Dice down 1.0%. The market turnover was EGP 974 mn, and local investors were the sole net buyers.

Foreigners: Net short | EGP -24.7 mn
Regional: Net short | EGP -16.3 mn
Domestic: Net long | EGP +41.0 mn

Retail: 72.2% of total trades | 72.9% of buyers | 71.5% of sellers
Institutions: 27.8% of total trades | 27.1% of buyers | 28.5% of sellers

WTI: USD 37.14 (-4.25%)
Brent: USD 39.45 (-3.62%)

Natural Gas: (Nymex, futures prices) USD 2.89 MMBtu, (-1.84%, December 2020 contract)
Gold: USD 1,951.70 / troy ounce (+0.25%)

TASI: 8,089 (+0.01%) (YTD: -3.58%)
ADX: 4,718 (+0.60%) (YTD: -7.05%)
DFM: 2,160 (+0.32%) (YTD: -21.86%)
KSE Premier Market: 6,051 (+0.28%)
QE: 9,889 (+1.67%) (YTD: -5.14%)
MSM: 3,550 (+0.41%) (YTD: -10.82%)
BB: 1,441 (+0.05%) (YTD: -10.46%)

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