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 15.59 | Sell 15.69
EGX30 (Monday): 10,885 (+0.3%)
Turnover: EGP 1.7 bn (51% above the 90-day average)
EGX 30 year-to-date: -22.0%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.3%. CIB, the index’s heaviest constituent, ended down 0.4%. EGX30’s top performing constituents were Orascom Investment Holding up 5.1%, SODIC up 3.8%, and Orascom Development Egypt up 3.6%. Yesterday’s worst performing stocks were Ezz Steel down 0.8%, Oriental Weavers down 0.8% and Qalaa Holdings down 0.7%. The market turnover was EGP 1.7 bn, and foreign investors were the sole net sellers.
Foreigners: Net short | EGP -61.1 mn
Regional: Net long | EGP +39.8 mn
Domestic: Net long | EGP +21.3 mn
Retail: 75.2% of total trades | 75.5% of buyers | 74.9% of sellers
Institutions: 24.8% of total trades | 24.5% of buyers | 25.1% of sellers
WTI: USD 42.96 (-0.23%)
Brent: USD 46.06 (+2.45%)
Natural Gas: (Nymex, futures prices) USD 2.72 MMBtu, (+0.18%, December 2020 contract)
Gold: USD 1,841.30 / troy ounce (-0.15%)
TASI: 8,610 (+0.26%) (YTD: +2.64%)
ADX: 4,974 (+0.80%) (YTD: -2.00%)
DFM: 2,354 (+1.27%) (YTD: -14.85%)
KSE Premier Market: 6,171 (+0.63%)
QE: 10,329 (+1.24%) (YTD: -0.92%)
MSM: 3,627 (+0.41%) (YTD: -8.89%)
BB: 1,460 (+0.14%) (YTD: -9.29%)