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 (Wednesday): 15,198 (+0.2%)

Turnover: EGP 854 mn (7% below the 90-day average)

EGX 30 year-to-date: +16.6%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 0.2%. CIB, the index heaviest constituent ended up 0.9%. EGX30’s top performing constituents were Heliopolis Housing up 4.7%, Cairo Investment & Real Estate Development up 3.9%, and Oriental Weavers up 3.0%. Yesterday’s worst performing stocks were Ezz Steel down 6.4%, GB Auto down 2.6% and Eastern Co. down 2.4%. The market turnover was EGP 854 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +61.0 mn

Regional: Net Short | EGP -0.10 mn

Domestic: Net Short | EGP -61.0 mn

Retail: 57.1% of total trades | 56.2% of buyers | 58.0% of sellers

Institutions: 42.9% of total trades | 43.8% of buyers | 42.0% of sellers

WTI: USD 62.34 (-0.19%)

Brent: USD 69.26 (-0.07%)

Natural Gas (Nymex, futures prices) USD 2.68 MMBtu, (+0.11%, May 2019 contract)

Gold: USD 1,295.80 / troy ounce (+0.04%)

TASI: 8,985.48 (+0.57%) (YTD: +14.81%)

ADX: 5,048.98 (-0.09%) (YTD: +2.72%)

DFM: 2,760.48 (+1.12%) (YTD: +9.12%)

KSE Premier Market: 10,161.57 (+1.21%)

QE: 10,161.57 (-0.39%) (YTD: -1.33%)

MSM: 3,939.54 (-0.54%) (YTD: -8.89%)

BB: 1,418.56 (+1.07%) (YTD: +6.08%)

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