EGP / USD CBE market average: Buy 17.51 | Sell 17.61

EGP / USD at CIB: Buy 17.49 | Sell 17.59

EGP / USD at NBE: Buy 17.49 | Sell 17.59

EGX30 (Monday): 15,277 (+0.2%)

Turnover: EGP 1.3 bn (47% above the 90-day average)

EGX 30 year-to-date: +16.8%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.3%. EGX30’s top performing constituents were Madinet Nasr housing up 2.4%, Telecom Egypt up 2.3%, and Sarwa Capital Holding up 1.5%. Yesterday’s worst performing stocks were Egyptian Iron and Steel down 2.2%, Ezz Steel down 1.9% and Juhayna down 1.6%. The market turnover was EGP 1.3 bn, and regional investors were the sole net buyers.

Foreigners: Net Short | EGP -50.4 mn

Regional: Net Long | EGP +65.2 mn

Domestic: Net Short | EGP -14.8 mn

Retail: 60.2% of total trades | 60.8% of buyers | 59.6% of sellers

Institutions: 39.8% of total trades | 39.2% of buyers | 40.4% of sellers

WTI: USD 56.06 (+0.85%)

Brent: USD 66.49 (+0.36%)

Natural Gas (Nymex, futures prices) USD 2.63 MMBtu, (+0.19%, March 2019)

Gold: USD 1,329.70 / troy ounce (+0.57%)

TASI: 8,569.83 (-0.26%) (YTD: +9.49%)

ADX: 5,039.69 (-0.58%) (YTD: +2.54%)

DFM: 2,550.52 (+0.02%) (YTD: +0.82%)

KSE Premier Market: 5,421.86 (-0.09%)

QE: 10,034.24 (+0.24%) (YTD: -2.80%)

MSM: 4,073.96 (-0.07%) (YTD: -5.78%)

BB: 1,379.41 (-0.09%) (YTD: +3.15%)

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