EGP / USD CBE market average: Buy 16.6531 | Sell 16.7531

EGP / USD at CIB: Buy 16.64 | Sell 16.74

EGP / USD at NBE: Buy 16.65 | Sell 16.75

EGX30 (Wednesday): 14,006.99 (+1.27%)

Turnover: EGP 1.06 bn (50% above the 90-day average)

EGX 30 year-to-date: +7.5%

THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session up 1.27%. CIB, the index heaviest constituent ended up 0.31%. EGX30’s top performing constituents were Orascom Investment Holding up 9.96%, Qalaa Holdings up 9.40%, and Heliopolis Housing up 8.64%. Yesterday’s worst performing stocks were Juhayna down 2.38%, and EKH down 2.05%. The market turnover was EGP 1,059 mn, and foreign investors were the sole net buyers.

Foreigners: Net long | EGP +134.6 mn

Regional: Net short | EGP -17.0 mn

Domestic: Net short | EGP -117.6 mn

Retail: 54.9% of total trades | 47.7% of buyers | 62.1% of sellers

Institutions: 45.1% of total trades | 52.3% of buyers | 37.9% of sellers

WTI: USD 59.38 (+2.68%)

Brent: USD 66.36 (+2.01%)

Natural Gas (Nymex, futures prices) USD 2.29 MMBtu, (-0.74%, July 2019 contract)

Gold: USD 1,415.40 / troy ounce (-0.23%)

TASI: 8,687.08 (+0.43%) (YTD: +10.99%)

ADX: 4,955.95 (-0.67%) (YTD: +0.83%)

DFM: 2,622.64 (-0.03%) (YTD: +3.67%)

KSE Premier Market: 6,344.30 (-0.58%)

QE: 10,416.32 (-0.33%) (YTD: +1.14%)

MSM: 3,877.50 (-0.34%) (YTD: -10.32%)

BB: 1,460.62 (-0.10%) (YTD: +9.22%)

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