EGP / USD CBE market average: Buy 16.99 | Sell 17.09

EGP / USD at CIB: Buy 16.99 | Sell 17.09

EGP / USD at NBE: Buy 16.99 | Sell 17.09

EGX30 (Thursday): 13,659 (-1.1%)

Turnover: EGP 399 mn (50% below the 90-day average)

EGX 30 year-to-date: +4.80%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 1.1%. CIB, the index heaviest constituent ended down 1.4%. EGX30’s top performing constituents were Cairo Investment & Real Estate Development up 6.1%, Qalaa Holdings up 2.1%, and Elsewedy Electric up 2.0%. Thursday’s worst performing stocks were Ezz Steel down 5.0% and Egyptian Resorts down 4.7%. The market turnover was EGP 399 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -37.0 mn

Regional: Net Long | EGP +17.3 mn

Domestic: Net Long | EGP +19.7 mn

Retail: 44.1% of total trades | 47% of buyers | 41.2% of sellers

Institutions: 55.9% of total trades | 53% of buyers | 58.8% of sellers

WTI: USD 62.76 (-0.17%)

Brent: USD 72.21 (-0.56%)

Natural Gas (Nymex, futures prices) USD 2.63 MMBtu, (-0.30%, June 2019 contract)

Gold: USD 1,275.70 / troy ounce (-0.82%)

TASI: 8,621.85 (+1.66%) (YTD: +10.16%)

ADX: 4,719.26 (-1.22%) (YTD: -3.98%)

DFM: 2,575.01 (-0.34%) (YTD: +1.79%)

KSE Premier Market: 6,107.88 (+1.60%)

QE: 9,871.87 (+0.08%) (YTD: -4.15%)

MSM: 3,858.87 (+0.80%) (YTD: -10.75%)

BB: 1,399.58 (-0.64%) (YTD: +4.66%)

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