EGP / USD CBE market average: Buy 17.86 | Sell 17.95

EGP / USD at CIB: Buy 17.86 | Sell 17.96

EGP / USD at NBE: Buy 17.78 | Sell 17.88

EGX30 (Tuesday): 12,664 (+1.5%)

Turnover: EGP 914 mn (15% above the 90-day average)

EGX 30 year-to-date: -15.7%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.5%. CIB, the index heaviest constituent ended up 1.8%. EGX30’s top performing constituents were Global Telecom up 8.1%, and SODIC up 3.8%, and Elsewedy Electric up 3.8%. Yesterday’s worst performing stocks were Eastern Co. down 2.2%, Telecom Egypt down 1.3% and Ezz Steel down 0.1%. The market turnover was EGP 914 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +11.3 mn

Regional: Net Short | EGP -63.5 mn

Domestic: Net Long | EGP +52.2 mn

Retail: 46.3% of total trades | 46.0% of buyers | 46.5% of sellers

Institutions: 53.7% of total trades | 54.0% of buyers | 53.5% of sellers

WTI: USD 52.02 (+0.72%)

Brent: USD 60.20 (+0.38%)

Natural Gas (Nymex, futures prices) USD 4.39 MMBtu, (-0.48%, January 2019 contract)

Gold: USD 1,248.30 / troy ounce (+0.09%)

TASI: 7,838.94 (+0.25%) (YTD: +8.48%)

ADX: 4,815.91 (+0.56%) (YTD: +9.49%)

DFM: 2,535.46 (+1.42%) (YTD: -24.77%)

KSE Premier Market: 5,406.6 (+0.09%)

QE: 10,482.14 (-0.70%) (YTD: +22.98%)

MSM: 4,497.64 (-0.13%) (YTD: -11.80%)

BB: 1,317.89 (+0.01%) (YTD: -1.04%)