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

EGP / USD at CIB: Buy 17.50 | Sell 17.60

EGP / USD at NBE: Buy 17.49 | Sell 17.59

EGX30 (Tuesday): 15,155 (-0.5%)

Turnover: EGP 962 mn (8% above the 90-day average)

EGX 30 year-to-date: +16.3%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.5%. CIB, the index heaviest constituent ended down 0.8%. EGX30’s top performing constituents were Arab Cotton Ginning up 4.1%, Telecom Egypt up 4.0%, and Qalaa Holdings up 2.1%. Yesterday’s worst performing stocks were GB Auto down 3.8%, Emaar Misr down 1.6% and Elsewedy Electric down 1.6%. The market turnover was EGP 962 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -69.9 mn

Regional: Net Long | EGP +27.3 mn

Domestic: Net Long | EGP +42.6 mn

Retail: 71.4% of total trades | 74.3% of buyers | 68.5% of sellers

Institutions: 28.6% of total trades | 25.7% of buyers | 31.5% of sellers

WTI: USD 56.09 (+0.90%)

Brent: USD 66.44 (-0.09%)

Natural Gas (Nymex, futures prices) USD 2.66 MMBtu, (+1.41%, Mar 2019)

Gold: USD 1,344.80 / troy ounce (+1.72%)

TASI: 8,516.60 (-0.62%) (YTD: +8.81%)

ADX: 5,035.13 (-0.09%) (YTD: +2.44%)

DFM: 2,565.85 (+0.60%) (YTD: +1.43%)

KSE Premier Market: 5,461.12 (+0.72%)

QE: 9,982.25 (-0.28%) (YTD: -3.08%)

MSM: 4,056.90 (-0.42%) (YTD: -6.17%)

BB: 1,392.60 (+0.96%) (YTD: +4.14%)

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