EGP / USD CBE market average: Buy 16.97 | Sell 17.07

EGP / USD at CIB: Buy 16.96 | Sell 17.06

EGP / USD at NBE: Buy 16.97 | Sell 17.07

EGX30 (Tuesday): 13,614 (+1.8%)

Turnover: EGP 544 mn (32% below the 90-day average)

EGX 30 year-to-date: +4.4%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 1.8%. CIB, the index heaviest constituent ended up 1.4%. EGX30’s top performing constituents were AMOC up 7.0%, and Sarwa Capital Holding up 6.4%, and Arabia Investments Holding up 5.0%. Yesterday’s Thursday’s worst performing stocks were CIRA down 6.0% and EFG Hermes down 0.3%. The market turnover was EGP 544 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -34.6 mn

Regional: Net Long | EGP +17.0 mn

Domestic: Net Long | EGP +17.6 mn

Retail: 42.4% of total trades | 43.2% of buyers | 41.6% of sellers

Institutions: 57.6% of total trades | 56.8% of buyers | 58.4% of sellers

WTI: USD 62.99 (-0.17%)

Brent: USD 72.18 (+0.29%)

Natural Gas (Nymex, futures prices) USD 2.62 MMBtu, (+0.34%, JUNE 2019 contract)

Gold: USD 1,274.10 / troy ounce (+0.07%)

TASI: 8,609.35 (+1.66%) (YTD: +10.00%)

ADX: 4,782.48 (+1.05%) (YTD: -2.70%)

DFM: 2,539.24 (+1.04%) (YTD: +0.38%)

KSE Premier Market: 6,058.34 (+0.85%)

QE: 9,700.77 (-2.00%) (YTD: -5.81%)

MSM: 3,842.47 (-0.06%) (YTD: -11.13%)

BB: 1,409.43 (+0.93%) (YTD: +5.40%)

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