EGP / USD CBE market average: Buy 17.35 | Sell 17.45

EGP / USD at CIB: Buy 17.35 | Sell 17.45

EGP / USD at NBE: Buy 17.35 | Sell 17.45

EGX30 (Thursday): 14,991 (-0.9%)

Turnover: EGP 1.2 bn (27% above the 90-day average)

EGX 30 year-to-date: +15.1%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.9%. CIB, the index heaviest constituent ended down 1.8%. EGX30’s top performing constituents were Heliopolis Housing up 4.7%, AMOC up 3.2%, and Sarwa Capital up 2.4%. Thursday’s worst performing stocks were GB Auto down 3.0%, SODIC down 2.7% and Elsewedy Electric down 2.2%. Market turnover was EGP 1.2 bn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -152.6 mn

Regional: Net Long | EGP +22.2 mn

Domestic: Net Long | EGP +130.4 mn

Retail: 46.1% of total trades | 50.3% of buyers | 41.9% of sellers

Institutions: 53.9% of total trades | 49.7% of buyers | 58.1% of sellers

WTI: USD 58.52 (-0.15%)

Brent: USD 67.16 (-0.10%)

Natural Gas (Nymex, futures prices) USD 2.80 MMBtu, (-2.10%, Apr 2019 contract)

Gold: USD 1,302.90 / troy ounce (+0.60%)

TASI: 8,582.88 (+0.66%) (YTD: +9.66%)

ADX: 4,997.56 (+3.69%) (YTD: +1.68%)

DFM: 2,574.21 (-0.99%) (YTD: +1.76%)

KSE Premier Market: 5,667.03 (+1.2%)

QE: 9,970.55 (+2.14%) (YTD: -3.19%)

MSM: 4,074.98 (+0.02%) (YTD: -5.75%)

BB: 1,409.06 (-0.15%) (YTD: +5.37%)

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