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 17.79 | Sell 17.89

EGX30 (Thursday): 13,367 (0.0%)

Turnover: EGP 1.0 bn (25% above the 90-day average)

EGX 30 year-to-date: +2.5%

THE MARKET ON THURSDAY: The EGX30 ended Thursday's session flat at 0.0%. CIB, the index heaviest constituent ended down 0.5%. EGX30’s top performing constituents were Juhayna up 4.3%, Telecom Egypt up 3.3%, and Egypt Kuwait Holding up 1.8%. Thursday’s worst performing stocks were Global Telecom down 2.1%, Porto Group down 2.0% and Madinet Nasr Housing down 1.9% . The market turnover was EGP 1.0 bn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -45.1 mn

Regional: Net Short | EGP -39.9 mn

Domestic: Net Long | EGP +85.0 mn

Retail: 51.3% of total trades | 49.8% of buyers | 52.8% of sellers

Institutions: 48.7% of total trades | 50.2% of buyers | 47.2% of sellers

WTI: USD 51.59 (-1.90%)

Brent: USD 60.48 (-1.95%)

Natural Gas (Nymex, futures prices) USD 3.10 MMBtu, (+4.38%, Feb 2019 contract)

Gold: USD 1,289.50 / troy ounce (+0.16%)

TASI: 8,210.16 (+0.78%) (YTD: +4.90%)

ADX: 4,962.37 (+0.18%) (YTD: +0.96%)

DFM: 2,545.65 (+0.23%) (YTD: +0.63%)

KSE Premier Market: 5,453.33 (+1.23%)

QE: 10,658.22 (+1.17%) (YTD: +3.49%)

MSM: 4,310.56 (0.0%) (YTD: -0.30%)

BB: 1,341.72 (+0.26%) (YTD: +0.33%)