EGP / USD CBE market average: Buy 15.69 | Sell 15.79
EGP / USD at CIB: Buy 15.70 | Sell 15.80
EGP / USD at NBE: Buy 15.68 | Sell 15.78
EGX30 (Monday): 10,082 (-1.2%)
Turnover: EGP 605 mn (10% below the 90-day average)
EGX 30 year-to-date: -27.8%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 1.2%. CIB, the index’s heaviest constituent, ended down 0.9%. EGX30’s top performing constituents were Eastern Company up 1.4%, Orascom Development Egypt up 0.3%, and Ezz Steel up 0.3%. Yesterday’s worst performing stocks were Dice down 10.0%, Emaar Misr down 4.8% and AMOC down 4.7%. The market turnover was EGP 605 mn, and foreign investors were the sole net sellers.
Foreigners: Net Short | EGP -3.0 mn
Regional: Net Long | EGP +2.2 mn
Domestic: Net Long | EGP +0.8 mn
Retail: 70.4% of total trades | 72.5% of buyers | 68.3% of sellers
Institutions: 29.6% of total trades | 27.5% of buyers | 31.7% of sellers
WTI: USD 21.33 (+4.61%)
Brent: USD 27.95 (+2.76%)
Natural Gas (Nymex, futures prices) USD 2.07 MMBtu, (+3.96%, Jun 2020 contract)
Gold: USD 1,709.10 / troy ounce (-0.25%)
TASI: 6,595.97 (+0.16%) (YTD: -21.38%)
ADX: 4,037.83 (-1.65%) (YTD: -20.45%)
DFM: 1,924.71 (-1.11%) (YTD: -30.39%)
KSE Premier Market: 5,182.49 (-1.25%)
QE: 8,668.06 (-0.22%) (YTD: -16.86%)
MSM: 3,500.08 (-1.08%) (YTD: -12.08%)
BB: 1,300.96 (-0.75%) (YTD: -19.20%)