EGP / USD CBE market average: Buy 17.07 | Sell 17.17

EGP / USD at CIB: Buy 17.06 | Sell 17.16

EGP / USD at NBE: Buy 17.07 | Sell 17.17

EGX30 (Sunday): 14,122 (+0.4%)

Turnover: EGP 244 mn (70% below the 90-day average)

EGX 30 year-to-date: +8.30%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session up 0.4%. CIB, the index heaviest constituent ended down 0.1%. EGX30’s top performing constituents were Arab Cotton Ginning up 6.4%, Egyptian Iron & Steel up 5.5%, and Qalaa Holdings up 5.0%. Yesterday’s worst performing stocks were Cairo Investment & Real Estate Development down 5.1%, Eastern Co. down 0.8% and Egyptian Kuwait Holding down 0.5%. The market turnover was EGP 244 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -2.5 mn

Regional: Net Short | EGP -5.3 mn

Domestic: Net Long | EGP +7.8 mn

Retail: 56.7% of total trades | 54.6% of buyers | 58.8% of sellers

Institutions: 43.3% of total trades | 45.4% of buyers | 41.2% of sellers

WTI: USD 61.66 (-0.06%)

Brent: USD 70.62 (+0.33%)

Natural Gas (Nymex, futures prices) USD 2.62 MMBtu, (+0.92%, Jun 2019)

Gold: USD 1,287.40 / troy ounce (+0.17%)

TASI: 8,674.66 (-2.06%) (YTD: +10.83%)

ADX: 5,098.30 (+0.90%) (YTD: +3.73%)

DFM: 2,629.90 (-1.60%) (YTD: +3.96%)

KSE Premier Market: 6,163.19 (-2.22%)

QE: 9,928.22 (-0.99%) (YTD: -3.60%)

MSM: 3,865.51 (+0.06%) (YTD: -10.60%)

BB: 1,427.71 (-0.60%) (YTD: +6.76%)