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Tuesday, 10 November 2020

The Market Yesterday

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EGP / USD CBE market average: Buy 15.60 | Sell 15.70
EGP / USD at CIB: Buy 15.60 | Sell 15.70
EGP / USD at NBE: Buy 15.62 | Sell 15.72

EGX30 (Monday): 10,839 (+1.5%)
Turnover: EGP 1.4 bn (24% above the 90-day average)
EGX 30 year-to-date: -22.4%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.5%. CIB, the index’s heaviest constituent, closed up 0.4%. EGX30’s top performing constituents were Egyptian Iron & Steel up 5.4%, GB Auto up 5.3%, and Beltone Financial Holding up 5.0%. Yesterday’s worst performing stock was Telecom Egypt, which was down 0.2%. The market turnover was EGP 1.4 bn, and regional investors were the sole net buyers.

Foreigners: Net short | EGP -20.4 mn
Regional: Net long | EGP +43.1 mn
Domestic: Net short | EGP -22.7 mn

Retail: 73.3% of total trades | 71.1% of buyers | 75.5% of sellers
Institutions: 26.7% of total trades | 28.9% of buyers | 24.5% of sellers

WTI: USD 39.84 (+7.27%)
Brent: USD 42.04 (+6.57%)

Natural Gas: (Nymex, futures prices) USD 2.86 MMBtu, (-1.04%, December 2020 contract)
Gold: USD 1,862.30 / troy ounce (-4.58%)

TASI: 8,366 (+2.53%) (YTD: -0.27%)
ADX: 4,743 (+0.79%) (YTD: -6.55%)
DFM: 2,219 (+1.75%) (YTD: -19.71%)
KSE Premier Market: 6,176 (+1.52%)
QE: 10,094 (+1.88%) (YTD: -3.17%)
MSM: 3,547 (-0.13%) (YTD: -10.89%)
BB: 1,445 (+0.28%) (YTD: -10.23%)

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