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Thursday, 8 December 2022

What the markets are doing on Thursday, 8 December

THE CLOSING BELL-

The EGX30 rose 2.0% at yesterday’s close on turnover of EGP 3.2 bn. Foreign investors were net sellers. The index is up 23.8% YTD.

In the green: EFG Hermes (+6.8%), Talaat Moustafa Holding (+6.1%) and Qalaa Holding (+5.9%).

In the red: Rameda Pharma (-4.8%), Egypt Kuwait Holding-EGP (-2.4%) and Fawry (-1.7%).

Up EGX30 14,787 +2.0% (YTD: +23.8%)
None USD (CBE) Buy 24.58 Sell 24.66
None USD at CIB Buy 24.58 Sell 24.64
None Interest rates CBE 13.25% deposit 14.25% lending
Down Tadawul 10,185 -2.5% (YTD: -9.7%)
Down ADX 10,336 -0.7% (YTD: +21.8%)
Down DFM 3,339 -0.0% (YTD: +4.5%)
Down S&P 500 3,934 -0.2% (YTD: -17.5%)
Down FTSE 100 7,489 -0.4% (YTD:+1.4%)
Down Euro Stoxx 50 3,921 -0.5% (YTD: +8.8%)
Down Brent crude USD 77.17 -2.8%
Up Natural gas (Nymex) USD 5.82 +1.6%
Up Gold USD 1,799.10 +0.1%
Down BTC USD 16,856 -1.3% (YTD: -63.6%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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