EGP / USD CBE market average: Buy 17.52 | Sell 17.62

EGP / USD at CIB: Buy 17.53 | Sell 17.63

EGP / USD at NBE: Buy 17.49 | Sell 17.59

EGX30 (Wednesday): 15, 213 (+0.4%)

Turnover: EGP 1.6 bn (79% above the 90-day average)

EGX 30 year-to-date: +16.7%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.4%. CIB, the index heaviest constituent ended up 0.4%. EGX30’s top performing constituents were Arab Investments up 5.1%, Arab Co. for Asset Management and Developments up 2.8%, and Pioneers Holding up 2.8%. Yesterday’s worst performing stocks were Global Telecom down 1.7%, Telecom Egypt down 1.6% and AMOC down 0.5%. The market turnover was EGP 1.6 bn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -64.8 mn

Regional: Net Long | EGP +13.1 mn

Domestic: Net Long | EGP +51.7 mn

Retail: 58.2% of total trades | 59.8% of buyers | 56.6% of sellers

Institutions: 41.8% of total trades | 40.2% of buyers | 43.4% of sellers

WTI: USD 56.30 (+0.37%)

Brent: USD 66.47 (+0.03%)

Natural Gas (Nymex, futures prices) USD 2.65 MMBtu, (+0.57%, Mar 2019 contract)

Gold: USD 1,346.60 / troy ounce (+0.13%)

TASI: 8,567.24 (+0.59%) (YTD: +9.46%)

ADX: 5,060.89 (+0.51%) (YTD: +2.97%)

DFM: 2,632.08 (+2.58%) (YTD: +4.05%)

KSE Premier Market: 5,481.15 (+0.37%)

QE: 10,077.82 (+0.96%) (YTD: -2.15%)

MSM: 4,053.94 (-0.07%) (YTD: -6.24%)

BB: 1,405.29 (+0.91%) (YTD: +5.09%)

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