EGP / USD CBE market average: Buy 17.27 | Sell 17.37

EGP / USD at CIB: Buy 17.28 | Sell 17.38

EGP / USD at NBE: Buy 17.26 | Sell 17.36

EGX30 (Thursday): 14,666 (+0.8%)

Turnover: EGP 744 mn (19% below the 90-day average)

EGX 30 year-to-date: +12.5%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.8%. CIB, the index heaviest constituent ended up 1.2%. EGX30’s top performing constituents were Heliopolis Housing up 5.1%, Ezz Steel up 3.3%, and Palm Hills up 1.5%. Thursday’s worst performing stocks were Oriental Weavers down 1.3%, Orascom Investment Holding down 1.2% and Orascom Development Egypt down 0.8%. Market turnover was EGP 744 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -112.6 mn

Regional: Net Long | EGP +49.0 mn

Domestic: Net Long | EGP+63.6 mn

Retail: 52.0% of total trades | 52.1% of buyers | 51.9% of sellers

Institutions: 48.0% of total trades | 47.9% of buyers | 48.1% of sellers

WTI: USD 60.14 (+1.42%)

Brent: USD 67.58 (+0.72%)

Natural Gas (Nymex, futures prices) USD 2.66 MMBtu, (-1.84%, May 2019 contract)

Gold: USD 1,298.50 / troy ounce (+0.25%)

TASI: 8,788.84 (+0.26%) (YTD: 12.29%)

ADX: 5,101.00 (3.78%) (YTD: -0.16%)

DFM: 2,631.27 (+0.65%) (YTD: +4.01%)

KSE Premier Market: 5,957.98 (+0.11%)

QE: 10,145.68 (+0.40%) (YTD: -1.49%)

MSM: 4,005.56 (-1.03%) (YTD: -7.36%)

BB: 1,413.64 (+0.03%) (YTD: +5.71%)

Tags: