EGP / USD CBE market average: Buy 17.47 | Sell 17.57

EGP / USD at CIB: Buy 17.46 | Sell 17.56

EGP / USD at NBE: Buy 17.47 | Sell 17.57

EGX30 (Thursday): 14,804 (+0.2%)

Turnover: EGP 1.76 bn (93% above the 90-day average)

EGX 30 year-to-date: +13.6%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up +0.2%. CIB, the index heaviest constituent ended up 0.3%. EGX30’s top performing constituents were Egypt Kuwait Holding up 13.6%, Oriental Weavers up 1.1%, and Telecom Egypt up 0.7%. Thursday’s worst performing stocks were Orascom Investment Holding down 9.1%, Arabia Investments down 5.7% and Ezz Steel down 4.2%. The market turnover was EGP 1.76 bn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +23.9 mn

Regional: Net Short | EGP -12.3 mn

Domestic: Net Short | EGP -11.7 mn

Retail: 54.0% of total trades | 52.7% of buyers | 55.4% of sellers

Institutions: 46.0% of total trades | 47.3% of buyers | 44.6% of sellers

WTI: USD 57.64 (+0.73%)

Brent: USD 66.03 (-0.54%)

Natural Gas (Nymex, futures prices) USD 2.80 MMBtu, (-0.57%, Apr 2019 contract)

Gold: USD 1,310.20 / troy ounce (-0.45%)

TASI: 8,492.70 (+0.24%) (YTD: +8.51%)

ADX: 5,137.81 (-0.28%) (YTD: +4.53%)

DFM: 2,635.78 (-1.50%) (YTD: +4.19%)

KSE Premier Market: 5,482.19 (-1.02%)

QE: 10,111.62 (-0.24%) (YTD: -1.82%)

MSM: 4,144.47 (+0.78%) (YTD: -4.15%)

BB: 1,412.66 (-0.41%) (YTD: +5.64%)

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