EGP / USD CBE market average: Buy 17.88 | Sell 17.96

EGP / USD at CIB: Buy 17.88 | Sell 17.96

EGP / USD at NBE: Buy 17.79 | Sell 17.89

EGX30 (Thursday): 13,483 (+0.2%)

Turnover: EGP 727 mn (10% BELOW / ABOVE the 90-day average)

EGX 30 year-to-date: +3.4%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.2%. CIB, the index heaviest constituent ended up 1.4%. EGX30’s top performing constituents were Qalaa Holdings up 1.6%, CIB up 1.4%, and Egypt Aluminum up 1.2%. Thursday’s worst performing stocks were SODIC down 3.3%, Pioneers Holding down 2.7% and Porto Group down 2.7%. The market turnover was EGP 727 mn, and foreigners were the sole net sellers.

Foreigners: Net Short | EGP -76.9 mn

Regional: Net Long | EGP +17.8 mn

Domestic: Net Long | EGP +59.1 mn

Retail: 66.3% of total trades | 68.8% of buyers | 63.8% of sellers

Institutions: 33.7% of total trades | 31.2% of buyers | 36.2% of sellers

WTI: USD 53.80 (+3.32%)

Brent: USD 62.70 (+2.48%)

Natural Gas (Nymex, futures prices) USD 3.48 MMBtu, (+2.02%, Feb 2019 contract)

Gold: USD 1,282.60 / troy ounce (-0.75%)

TASI: 8,448.02 (+0.49%) (YTD: +7.94%)

ADX: 4,985.30 (+0.05%) (YTD: +1.43%)

DFM: 2,516.81 (+0.64%) (YTD: -0.51%)

KSE Premier Market: 5,480.34 (+0.23%)

QE: 10,787.75 (+0.24%) (YTD: +4.75%)

MSM: 4,236.75 (-0.50%) (YTD: -2.01%)

BB: 1,341.22 (+0.11%) (YTD: +0.30%)

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