EGP / USD CBE market average: Buy 17.12 | Sell 17.22

EGP / USD at CIB: Buy 17.10 | Sell 17.20

EGP / USD at NBE: Buy 17.12 | Sell 17.22

EGX30 (Tuesday): 14,920 (+1.0%)

Turnover: EGP 668 mn (21% below the 90-day average)

EGX 30 year-to-date: +14.5%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.0%. CIB, the index heaviest constituent ended up 2.4%. EGX30’s top performing constituents were Orascom Development Egypt up 3.9% and SODIC up 3.1%. Tuesday’s worst performing stocks were Palm Hills down 2.0%, Emaar Misr down 1.7% and Eastern Co down 1.6%. The market turnover was EGP 668 mn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +230.0 mn

Regional: Net Short | EGP -16.6 mn

Domestic: Net Short | EGP -213.4 mn

Retail: 21.0% of total trades | 17.3% of buyers | 24.8% of sellers

Institutions: 79.0% of total trades | 82.7% of buyers | 75.2% of sellers

WTI: USD 63.58 (-0.03%)

Brent: USD 72.11 (-0.10%)

Natural Gas (Nymex, futures prices) USD 2.61 MMBtu, (-0.34%, June 2019 contract)

Gold: USD 1,278.50 / troy ounce (-0.44%)

TASI: 9,361.96 (+0.62%) (YTD: +19.62%)

ADX: 5,258.32 (+0.01%) (YTD: +6.98%)

DFM: 2,751.51 (-0.56%) (YTD: +8.77%)

KSE Premier Market: 6,043.80 (-0.06%)

QE: 10,400.29 (+0.23%) (YTD: +0.98%)

MSM: 3,965.96 (+0.51%) (YTD: -8.27%)

BB: 1,433.92 (-0.17%) (YTD: +7.23%)

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