EGP / USD CBE market average: Buy 17.6042 | Sell 17.7042
EGP / USD at CIB: Buy 17.56 | Sell 17.66
EGP / USD at NBE: Buy 17.59 | Sell 17.69

EGX30 (Tuesday): 14,718 (-1.6%)
Turnover: EGP 1.0 bn (11% BELOW the 90-day average)
EGX 30 year-to-date: -2.0%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.6%. CIB, the index heaviest constituent closed down 2.0%. None of the constituents ended the day in positive turnover. Yesterday’s worst performing stocks were Egyptian Financial and industrial down 5.3%; Abu Dhabi Islamic Bank down 4.2%; and Egyptian Iron and Steel down 4.1%. The market turnover was EGP 1.0 bn, and regional investors were the sole net buyers.