EGP / USD CBE market average: Buy 17.37 | Sell 17.47

EGP / USD at CIB: Buy 17.37 | Sell 17.47

EGP / USD at NBE: Buy 17.37 | Sell 17.47

EGX30 (Wednesday): 15,126 (-0.1%)

Turnover: EGP 1.1 bn (17% above the 90-day average)

EGX 30 year-to-date: +16.0%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.1%. CIB, the index heaviest constituent ended down 0.4%. EGX30’s top performing constituents were Heliopolis Housing 8.5%, SODIC up 3.2%, and GB Auto up 2.5%. Yesterday’s worst performing stocks were Arab Cotton Ginning down 3.4%, Ezz Steel down 2.2% and Qalaa Holdings down 1.7%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -54.9 mn

Regional: Net Short | EGP -1.5 mn

Domestic: Net Long | EGP +56.4 mn

Retail: 62.6% of total trades | 61.8% of buyers | 63.4% of sellers

Institutions: 37.4% of total trades | 38.2% of buyers | 36.6% of sellers

WTI: USD 58.34 (+2.58%)

Brent: USD 67.69 (+1.53%)

Natural Gas (Nymex, futures prices) USD 2.83 MMBtu, (+1.80%, Apr 2019)

Gold: USD 1,309.50 / troy ounce (+0.88%)

TASI: 8,526.68 (+0.95%) (YTD: +8.94%)

ADX: 4,819.83 (-0.86%) (YTD: -1.94%)

DFM: 2,599.82 (+0.05%) (YTD: +2.77%)

KSE Premier Market: 5,599.94 (-0.03%)

QE: 9,761.69 (-0.04%) (YTD: -5.22%)

MSM: 4,074.27 (-0.21%) (YTD: -5.77%)

BB: 1,411.21 (+0.44%) (YTD: +5.53%)

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