What the markets are doing on 27 December 2021
THE CLOSING BELL-
The EGX30 rose 0.9% yesterday on turnover of EGP 1.14 bn (15.2% below the 90-day average). Foreign investors were net sellers. The index is up 9.3% YTD.
In the green: Egyptian Company for Tourism Resorts (+4.2%), CIRA (+3.9%) and Orascom Development Egypt (+3.5%).
In the red: Oriental Weavers (-3.2%), Egypt Kuwait Holding (USD) (-2.0%) and Speed Medical (-1.8%).
Asian markets are mixed this morning. Markets in Hong Kong and Australia are closed for Christmas. Shares are up slightly in Shanghai while the Nikkei and Seoul’s Kospi are both lightly in the red.
It’s a crazy patchwork of open and closed markets this morning in Europe and North America. The Nasdaq and New York Stock Exchange are both back from Christmas holidays today (futures suggest they’ll open in the green), as are Paris and Frankfurt. The London Stock Exchange is closed today and tomorrow, as is the Toronto Stock Exchange.
|
|
EGX30 |
11,856 |
+0.9% (YTD: +9.3%) |
|
|
USD (CBE) |
Buy 15.66 |
Sell 15.76 |
|
|
USD at CIB |
Buy 15.66 |
Sell 15.76 |
|
|
Interest rates CBE |
8.25% deposit |
9.25% lending |
|
|
Tadawul |
11,168 |
-0.9% (YTD: +28.5%) |
|
|
ADX |
8,394 |
-0.4% (YTD: +66.4%) |
|
|
DFM |
3,159 |
+0.5% (YTD: +26.8%) |
|
|
S&P 500 |
4,726 |
+0.6% (YTD: +25.8%) |
|
|
FTSE 100 |
7,372 |
– (YTD: +14.11%) |
|
|
Brent crude |
USD 73.27 |
-0.7% |
|
|
Natural gas (Nymex) |
USD 3.97 |
+6.46% |
|
|
Gold |
USD 1,808.80 |
-0.2% |
|
|
BTC |
USD 50,807.26 |
+0.3% |
