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 (Thursday): 12,997 (+1.1%)

Turnover: EGP 997 mn (24% above the 90-day average)

EGX 30 year-to-date: -13.5%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 1.1%. CIB, the index heaviest constituent ended up 0.04%. EGX30’s top performing constituents were Orascom Construction up 6.5%, and Global Telecom up 6.2%, and Heliopolis Housing up 5.4%. Thursday’s worst performing stocks were Egypt Aluminum down 1.5%, Pioneers Holding down 0.6% and Telecom Egypt down 0.5%. The market turnover was EGP 997 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +82.3 mn

Regional: Net Short | EGP -80.2 mn

Domestic: Net Short | EGP -2.1 mn

Retail: 63.6% of total trades | 58.8% of buyers | 68.4% of sellers

Institutions: 36.4% of total trades | 41.2% of buyers | 31.6% of sellers

WTI: USD 51.20 (-2.62%)

Brent: USD 60.28 (-1.90%)

Natural Gas (Nymex, futures prices) USD 3.83 MMBtu, (-7.20%, January 2019 contract)

Gold: USD 1,241.40 / troy ounce (-0.48%)

TASI: 7,914.29 (+0.31%) (YTD: +9.52%)

ADX: 4,861.54 (+0.50%) (YTD: +10.53%)

DFM: 2,599.05 (+0.99%) (YTD: -22.88%)

KSE Premier Market: 5,387.53 (-0.01%)

QE: 10,456.14 (+0.22%) (YTD: +22.68%)

MSM: 4,448.11 (-0.77%) (YTD: -12.77%)

BB: 1,319.32 (-0.07%) (YTD: -0.93%)