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Sunday, 22 November 2020

The Market Yesterday

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EGP / USD CBE market average: Buy 15.57 | Sell 15.67
EGP / USD at CIB: Buy 15.57 | Sell 15.67
EGP / USD at NBE: Buy 15.59 | Sell 15.69

EGX30 (Thursday): 10,899 (-0.8%)
Turnover: EGP 1.5 bn (33% above the 90-day average)
EGX 30 year-to-date: -21.9%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.8%. CIB, the index’s heaviest constituent, ended down 1.1%. EGX30’s top performing constituents were Heliopolis Housing up 4.1%, Oriental Weavers up 3.2%, and Pioneers Holding up 0.5%. Thursday’s worst performing stocks were Dice down 4.2%, Ibnsina Pharma down 4.0% and Beltone Financial Holding down 2.6%. The market turnover was EGP 1.5 bn, and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +128.4 mn
Regional: Net short | EGP -16.6 mn
Domestic: Net short | EGP -111.8 mn

Retail: 72.6% of total trades | 70.1% of buyers | 75.1% of sellers
Institutions: 27.4% of total trades | 29.9% of buyers | 24.9% of sellers

WTI: USD 42.42 (+1.24%)
Brent: USD 44.96 (+1.72%)

Natural Gas: (Nymex, futures prices) USD 2.65 MMBtu, (+2.24%, December 2020 contract)
Gold: USD 1,878.20 / troy ounce (+0.61%)

TASI: 8,578 (-0.50%) (YTD: +2.26%)
ADX: 4,913 (-0.78%) (YTD: -3.19%)
DFM: 2,316 (-0.34%) (YTD: -16.23%)
KSE Premier Market: 6,118 (+0.92%)
QE: 10,107 (-1.37%) (YTD: -3.05%)
MSM: 3,627 (+0.09%) (YTD: -8.88%)
BB: 1,452 (+0.49%) (YTD: -9.82%)

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