EGP / USD CBE market average: Buy 17.11 | Sell 17.21

EGP / USD at CIB: Buy 17.10 | Sell 17.20

EGP / USD at NBE: Buy 17.12 | Sell 17.22

EGX30 (Tuesday): 14,646 (-1.1%)

Turnover: EGP 477 mn (44% below the 90-day average)

EGX 30 year-to-date: +12.4%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 1.1%. CIB, the index heaviest constituent ended up 0.1%. EGX30’s top performing constituents were CIRA up 1.2%, ACAMD up 1.1%, and CIB up 0.1%. Yesterday’s worst performing stocks were Madinet Nasr Housing down 4.2%, Oriental Weavers down 3.8% and Egypt Kuwait Holding down 3.6%. The market turnover was EGP 477 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -70.8 mn

Regional: Net Short | EGP -30.8 mn

Domestic: Net Long | EGP +101.7 mn

Retail: 44.1% of total trades | 42.5% of buyers | 45.9% of sellers

Institutions: 55.9% of total trades | 57.6% of buyers | 54.1% of sellers

WTI: USD 66.11 (-0.29%)

Brent: USD 74.51 (+0.63%)

Natural Gas (Nymex, futures prices) USD 2.45 MMBtu, (-0.04%, May 2019)

Gold: USD 1,273.90 / troy ounce (+0.05%)

TASI: 9,227.93 (+0.36%) (YTD: +17.90%)

ADX: 5,404.54 (+0.34%) (YTD: +9.96%)

DFM: 2,811.09 (-0.35%) (YTD: +11.12%)

KSE Premier Market: 6,145.90 (-0.38%)

QE: 10,382.18 (-0.18%) (YTD: +0.81%)

MSM: 3,958.08 (-0.52%) (YTD: -8.46%)

BB: 1,438.31 (-0.31%) (YTD: +7.56%)

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