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Monday, 9 November 2020

The Market Yesterday

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EGP / USD CBE market average: Buy 15.61 | Sell 15.71
EGP / USD at CIB: Buy 15.61 | Sell 15.71
EGP / USD at NBE: Buy 15.63 | Sell 15.73

EGX30 (Sunday): 10,680 (+0.5%)
Turnover: EGP 601 mn (46% below the 90-day average)
EGX 30 year-to-date: -23.5%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.5%. CIB, the index’s heaviest constituent, ended up 0.3%. EGX30’s top performing constituents were Ibnsina Pharma up 3.6%, Oriental Weavers up 2.9%, and SODIC up 2.4%. Yesterday’s worst performing stocks were Dice down 1.5%, Emaar Misr down 0.9% and Juhayna down 0.9%. The market turnover was EGP 601 mn, and local investors were the sole net sellers.

Foreigners: Net long | EGP +4.3 mn
Regional: Net long | EGP +2.3 mn
Domestic: Net short | EGP -6.6 mn

Retail: 83.2% of total trades | 81.4% of buyers | 85.1% of sellers
Institutions: 16.8% of total trades | 18.6% of buyers | 14.9% 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: 8,160 (+0.88%) (YTD: -2.73%)
ADX: 4,706 (-0.25%) (YTD: -7.28%)
DFM: 2,181 (+0.98%) (YTD: -21.09%)
KSE Premier Market: 6,084 (+0.54%)
QE: 9,908 (+0.19%) (YTD: -4.96%)
MSM: 3,552 (+0.05%) (YTD: -10.78%)
BB: 1,441 (-0.03%) (YTD: -10.49%)

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