EGP / USD CBE market average: Buy 17.85 | Sell 17.95

EGP / USD at CIB: Buy 17.86 | Sell 17.96

EGP / USD at NBE: Buy 17.78 | Sell 17.88

EGX30 (Thursday): 14,632 (+0.1%)

Turnover: EGP 1.9 bn (151% ABOVE the 90-day average)

EGX 30 year-to-date: -2.6%

THE MARKET ON Thursday: The EGX30 index ended Thursday’s session up 0.1%. CIB, the index heaviest constituent ended up 0.7%. EGX30’s top performing constituents were Egyptian Resorts up 5.8%, Eastern Co. up 5.0%, and Egyptian Iron and Steel up 2.4%. Thursday’s worst performing stocks were Edita down 9.1%, SODIC down 4.4%, and Orascom Investment Holding down 2.6%. The market turnover was EGP 1.9 bn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -514.7 mn

Regional: Net Long | EGP +250.4 mn

Domestic: Net Long | EGP +264.2 mn

Retail: 27.9% of total trades | 34.9% of buyers | 21.0% of sellers

Institutions: 72.1% of total trades | 65.1% of buyers | 79.0% of sellers

Foreign: 59.5% of total | 46.0% of buyers | 73.0% of sellers

Regional: 10.0% of total | 16.6% of buyers | 3.4% of sellers

Domestic: 30.5% of total | 37.4% of buyers | 23.6% of sellers

WTI: USD 73.25 (+1.57%)

Brent: USD 82.73 (+1.66%)

Natural Gas (Nymex, futures prices) USD 3.01 MMBtu, (-1.57%, Nov 2018 contract)

Gold: USD 1,196.20 / troy ounce (+0.74%)

TASI: 7,898.68 (+0.06%) (YTD: +9.30%)

ADX: 4,947.92 (+0.36%) (YTD: +12.49%)

DFM: 2,825.76 (+1.81%) (YTD: -16.15%)

KSE Premier Market: 5,345.74 (+0.17%)

QE: 9,784.31 (+0.57%) (YTD: +14.79%)

MSM: 4,523.82 (+0.50%) (YTD: -11.29%)

BB: 1,348.60 (-0.12%) (YTD: +1.27%)