EGP / USD CBE market average: Buy 16.7147 | Sell 16.8147

EGP / USD at CIB: Buy 16.7 | Sell 16.8

EGP / USD at NBE: Buy 16.71 | Sell 16.81

EGX30 (Tuesday): 14,202.86 (-0.27%)

Turnover: EGP 569.21 mn (25% below the 90-day average)

EGX 30 year-to-date: 8.95%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.27%. CIB, the index heaviest constituent ended up 0.60%. EGX30’s top performing constituents were Madinet Nasr Housing up 1.13%, GB Auto up 0.97%, and CIB up 0.60%. Yesterday’s worst performing stocks were Arabia Investments Holdings down -9.90%, Juhayna down -4.38% and Pioneers Holding down -2.83%. The market turnover was EGP 569.21 mn, and local investors were the sole net sellers.

Foreigners: Net long | EGP +137.8 mn

Regional: Net long | EGP +3.2 mn

Domestic: Net short | EGP -141.0 mn

Retail: 36.2% of total trades | 38.2% of buyers | 34.2% of sellers

Institutions: 63.8% of total trades | 61.8% of buyers | 65.8% of sellers

WTI: USD 54.08 (+4.14%)

Brent: USD 62.27 (+2.18%)

Natural Gas (Nymex, futures prices) USD 2.33 MMBtu, (-2.51%, July 2019 contract)

Gold: USD 1,349.80 / troy ounce (+0.51%)

TASI: 9,000.43 (+0.28%) (YTD: +15.00%)

ADX: 4,912.33 (+0.23%) (YTD: -0.06%)

DFM: 2,628.83 (+0.56%) (YTD: +3.92%)

KSE Premier Market: 6,306.32 (-0.79%)

QE: 10,420.14 (+0.29%) (YTD: +1.18%)

MSM: 3,915.23 (-0.09%) (YTD: -9.45%)

BB: 1,451.42 (+0.11%) (YTD: +8.54%)