EGP / USD CBE market average: Buy 17.87 | Sell 17.96

EGP / USD at CIB: Buy 17.89 | Sell 17.96

EGP / USD at NBE: Buy 17.78 | Sell 17.88

EGX30 (Monday): 13,036 (+0.7%)

Turnover: EGP 1.167 bn (46% above the 90-day average)

EGX 30 year-to-date: -13.2%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.7%. CIB, the index heaviest constituent ended up 0.9%. EGX30’s top performing constituents were Elsewedy Electric up 3.6%, Orascom Construction up 2.0%, and Pioneers Holding up 2.0%. Monday’s worst performing stocks were Abu Qir Fertilizers down 2.3%, Egypt Aluminum down 0.6% and TMG Holding down 0.2%. The market turnover was EGP 1,167 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +612.1 mn

Regional: Net Short | EGP -5.6 mn

Domestic: Net Short | EGP -606.5 mn

Retail: 56.7% of total trades | 30.1% of buyers | 83.3% of sellers

Institutions: 43.3% of total trades | 69.9% of buyers | 16.7% of sellers

WTI: USD 45.41 (+0.18%)

Brent: USD 53.80 (+1.11%)

Natural Gas (Nymex, futures prices) USD 2.94 MMBtu, (-10.99%, Feb 2019)

Gold: USD 1,281.30 / troy ounce (-0.13%)

TASI: 7,798.39 (-0.36%) (YTD: -0.36%)

ADX: 4,915.07 (+1.90%) (YTD: 0.00%)

DFM: 2,529.75 (+2.40%) (YTD: 0.00%)

KSE Premier Market: 5,267.36 (+0.05%)

QE: 10,299.01 (+0.15%) (YTD: 0.00%)

MSM: 4,333.39 (+0.22%) (YTD: +0.22%)

BB: 1,337.26 (+0.37%) (YTD: 0.00%)