EGP / USD CBE market average: Buy 17.25 | Sell 17.35

EGP / USD at CIB: Buy 17.23 | Sell 17.33

EGP / USD at NBE: Buy 17.25 | Sell 17.35

EGX30 (Tuesday): 14,646 (-1.8%)

Turnover: EGP 969 mn (2% above the 90-day average)

EGX 30 year-to-date: +12.35%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.8%. CIB, the index heaviest constituent ended down 1.8%. EGX30’s top performing constituents were Orascom Development Egypt up 0.3%. Yesterday’s worst performing stocks were Global Telecom down 4.1%, Arab Cotton Ginning down 3.7%, and Palm Hills down 3.6%. The market turnover was EGP 969 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -103.8 mn

Regional: Net Long | EGP +52.9 mn

Domestic: Net Long | EGP +50.9 mn

Retail: 55.0% of total trades | 57.5% of buyers | 52.5% of sellers

Institutions: 45.0% of total trades | 42.5% of buyers | 47.5% of sellers

WTI: USD 59.03 (-0.10%)

Brent: USD 67.68 (+0.21%)

Natural Gas (Nymex, futures prices) USD 2.87 MMBtu, (+0.84%, April 2019 contract)

Gold: USD 1,306.50 / troy ounce (+0.38%)

TASI: 8,658.95 (+0.07%) (YTD: +10.63%)

ADX: 5,079.38 (+0.25%) (YTD: +3.34%)

DFM: 2,641.43 (+0.82%) (YTD: +4.41%)

KSE Premier Market: 5,749.92 (+1.07%)

QE: 9,957.03 (-0.16%) (YTD: -3.32%)

MSM: 4,156.49 (+0.69%) (YTD: -3.87%)

BB: 1,420.32 (+0.50%) (YTD: +6.21%)

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