EGP / USD CBE market average: Buy 16.6475 | Sell 16.7475

EGP / USD at CIB: Buy 16.64 | Sell 16.74

EGP / USD at NBE: Buy 16.65 | Sell 16.75

EGX30 (Thursday): 14,043.42 (-0.63%)

Turnover: EGP 685 mn (7% below the 90-day average)

EGX 30 year-to-date: +7.7%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.63%. CIB, the index heaviest constituent ended up 0.16%. EGX30’s top performing constituents were Arab Co. for Asset Management and Development up 3.45%, Oriental Weavers up 3.36%, and TMG Holding up 1.79%. Thursday’s worst performing stocks were Madinet Nasr Housing down 3.90%, Arabia Investment Holdings down 3.48% and Pioneers Holding down 2.61%. The market turnover was EGP 685 mn, and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +81.7 mn

Regional: Net short | EGP -40.9 mn

Domestic: Net short | EGP -40.8 mn

Retail: 43.9% of total trades | 45.5% of buyers | 42.2% of sellers

Institutions: 56.1% of total trades | 54.5% of buyers | 57.8% of sellers

WTI: USD 57.43 (+0.63%)

Brent: USD 65.20 (+1.16%)

Natural Gas (Nymex, futures prices) USD 2.19 MMBtu, (+1.67%, July 2019 contract)

Gold: USD 1,400.10 / troy ounce (+0.23%)

TASI: 8,869.70 (-0.74%) (YTD: +13.33%)

ADX: 5,044.72 (+1.40%) (YTD: +2.64%)

DFM: 2,658.88 (+0.74%) (YTD: +5.10%)

KSE Premier Market: 6,367.00 (+1.01%)

QE: 10,688.67 (+1.73%) (YTD: +3.78%)

MSM: 3,928.26 (-0.39%) (YTD: -9.15%)

BB: 1,454.97 (+0.08%) (YTD: +8.80%)

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