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 (Monday): 10,991 (+0.4%)
Turnover: EGP 1.5 bn (33% above the 90-day average)
EGX 30 year-to-date: -21.3%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.4%. CIB, the index’s heaviest constituent, ended down 0.3%. EGX30’s top performing constituents were Elsewedy Electric up 3.5%, TMG Holding up 3.3%, and GB Auto up 2.9%. Yesterday’s worst performing stocks were Ibnsina Pharma down 4.1%, Export Development Bank down 3.3% and Pioneers Holding down 1.2%. The market turnover was EGP 1.5 bn, and local investors were the sole net sellers.
Foreigners: Net long | EGP +1.5 mn
Regional: Net long | EGP +23.9 mn
Domestic: Net short | EGP -25.3 mn
Retail: 77.5% of total trades | 74.6% of buyers | 80.4% of sellers
Institutions: 22.5% of total trades | 25.4% of buyers | 19.6% of sellers
WTI: USD 41.43 (+0.22%)
Brent: USD 43.82 (+2.43%)
Natural Gas: (Nymex, futures prices) USD 2.70 MMBtu, (-0.04%, December 2020 contract)
Gold: USD 1,888.60 / troy ounce (+0.04%)
TASI: 8,526 (+0.29%) (YTD: +1.64%)
ADX: 4,951 (+1.64%) (YTD: -2.44%)
DFM: 2,299 (+1.32%) (YTD: -16.85%)
KSE Premier Market: 6,013 (+0.35%)
QE: 10,227 (+0.24%) (YTD: -1.90%)
MSM: 3,643 (+0.05%) (YTD: -8.48%)
BB: 1,446 (+0.47%) (YTD: -10.16%)