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

EGP / USD at CIB: Buy 17.89 | Sell 17.96

EGP / USD at NBE: Buy 17.78 | Sell 17.88

EGX30 (Tuesday): 13,121 (-0.7%)

Turnover: EGP 817 mn (1% above the 90-day average)

EGX 30 year-to-date: -12.6%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.7%. CIB, the index heaviest constituent ended down 0.5%. EGX30’s top performing constituents were Telecom Egypt up 2.9%, and Global Telecom up 2.5%, and Egyptian Resorts up 1.5%. Yesterday’s worst performing stocks were Qalaa Holdings down 3.8%, SODIC down 3.6% and Madinet Nasr Housing down 2.8%. The market turnover was EGP 817 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -568.9 mn

Regional: Net Short | EGP -497.4 mn

Domestic: Net Long | EGP +1066.3 mn

Retail: 32.3% of total trades | 22.9% of buyers | 41.7% of sellers

Institutions: 67.7% of total trades | 77.1% of buyers | 58.3% of sellers

WTI: USD 46.46 (+0.48%)

Brent: USD 56.57 (+0.55%)

Natural Gas (Nymex, futures prices) USD 3.81 MMBtu, (-0.86%, January 2019 contract)

Gold: USD 1,252.70 / troy ounce (-0.07%)

TASI: 7,943.39 (-0.31%) (YTD: +9.92%)

ADX: 4,828.67 (-0.76%) (YTD: +9.78%)

DFM: 2,511.08 (-2.05%) (YTD: -25.49%)

KSE Premier Market: 5,357.60 (-0.82%)

QE: 10,489.04 (-0.07%) (YTD: +23.06%)

MSM: 4,379.49 (-0.65%) (YTD: -14.12%)

BB: 1,314.27 (-0.38%) (YTD: -1.31%)