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

EGP / USD at CIB: Buy 17.26 | Sell 17.36

EGP / USD at NBE: Buy 17.26 | Sell 17.36

EGX30 (Tuesday): 15,089 (-0.2%)

Turnover: EGP 622 mn (31% below the 90-day average)

EGX 30 year-to-date: +15.8%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.2%. CIB, the index heaviest constituent ended up 0.4%. EGX30’s top performing constituents were Pioneers Holding up 3.4%, Qalaa Holdings up 0.8%, and Ezz Steel up 0.8%. Yesterday’s worst performing stocks were Palm Hills down 3.8%, Orascom Investment Holding down 3.5% and Heliopolis Housing down 1.8%. The market turnover was EGP 622 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -140.2 mn

Regional: Net Short | EGP -23.0 mn

Domestic: Net Long | EGP +163.1 mn

Retail: 36.1% of total trades | 34.4% of buyers | 37.9% of sellers

Institutions: 63.9% of total trades | 65.6% of buyers | 62.1% of sellers

WTI: USD 64.18 (+0.31%)

Brent: USD 70.61 (-0.69%)

Natural Gas (Nymex, futures prices) USD 2.71 MMBtu, (+0.37%, May 2019)

Gold: USD 1,308.60 / troy ounce (+0.02%)

TASI: 9,047.58 (+0.11%) (YTD: +15.60%)

ADX: 5,076.03 (+0.01%) (YTD: +3.27%)

DFM: 2,801.96 (+0.17%) (YTD: +10.76%)

KSE Premier Market: 6,104.82 (-1.56%)

QE: 10,217.92 (-0.09%) (YTD: -0.79%)

MSM: 3,971.72 (+0.00%) (YTD: -8.14%)

BB: 1,440.56 (-0.41%) (YTD: +7.72%)

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