The Market Yesterday
EGP / USD CBE market average: Buy 15.59 | Sell 15.69
EGP / USD at CIB: Buy 15.59 | Sell 15.69
EGP / USD at NBE: Buy 15.60 | Sell 15.70
EGX30 (Thursday): 11,017 (+0.2%)
Turnover: EGP 1.7 bn (51% above the 90-day average)
EGX 30 year-to-date: -21.1%
THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.2%. CIB, the index’s heaviest constituent, ended down 0.2. EGX30’s top performing constituents were GB Auto up 7.3%, Dice up 6.2%, and Sidi Kerir Petrochemicals up 3.4%. Thursday’s worst performing stocks were Orascom Development Egypt down 2.8%, TMG Holding down 1.2% and Qalaa Holdings down 1.1%. The market turnover was EGP 1.7 bn, and foreign investors were the sole net buyers.
Foreigners: Net long | EGP +41.0 mn
Regional: Net short | EGP -1.5 mn
Domestic: Net short | EGP -39.5 mn
Retail: 72.9% of total trades | 68.8% of buyers | 77.1% of sellers
Institutions: 27.1% of total trades | 31.2% of buyers | 22.9% of sellers
WTI: USD 40.13 (-2.41%)
Brent: USD 42.78 (-1.72%)
Natural Gas: (Nymex, futures prices) USD 3.00 MMBtu, (+0.64%, December 2020 contract)
Gold: USD 1,886.20 / troy ounce (+0.69%)
TASI: 8,434 (-0.17%) (YTD: +0.54%)
ADX: 4,855 (+0.49%) (YTD: -4.33%)
DFM: 2,262 (-0.88%) (YTD: -18.15%)
KSE Premier Market: 6,103 (-0.47%)
QE: 10,212 (0.92%) (YTD: -2.04%)
MSM: 3,628 (+0.45%) (YTD: -8.87%)
BB: 1,449 (-0.16%) (YTD: -10.00%)