EGP / USD CBE market average: Buy 16.56 | Sell 16.69

EGP / USD at CIB: Buy 16.57 | Sell 16.67

EGP / USD at NBE: Buy 16.60 | Sell 16.70

EGX30 (Tuesday): 14,137 (+0.3%)

Turnover: EGP 795 mn (13% above the 90-day average)

EGX 30 year-to-date: +8.4%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session up 0.3%. CIB, the index heaviest constituent ended down 0.5%. EGX30’s top performing constituents were Orascom Investment Holding up 5.4%, EFG Hermes up 3.7%, and Kima up 3.5%. Yesterday’s worst performing stocks were Sarwa Capital down 2.6%, Arabia Investments Holding down 2.2%, and Ezz Steel down 1.4%. The market turnover was EGP 795 mn, and regional investors were the sole net sellers.

Foreigners: Net Long | EGP +43.1 mn

Regional: Net Short | EGP -97.7 mn

Domestic: Net Long | EGP +54.6 mn

Retail: 56.4% of total trades | 55.1% of buyers | 57.7% of sellers

Institutions: 43.6% of total trades | 44.9% of buyers | 42.3% of sellers

WTI: USD 56.63 (+0.68%)

Brent: USD 62.86 (+0.74%)

Natural Gas (Nymex, futures prices) USD 2.25 MMBtu, (+0.40%, Aug 2019 contract)

Gold: USD 1,437.60 / troy ounce (+2.10%)

TASI: 8,834.26 (-0.21%) (YTD: +12.87%)

ADX: 4,978.84 (+0.01%) (YTD: +1.30%)

DFM: 2,678.92 (+0.20%) (YTD: +5.90%)

KSE Premier Market: 6,453.06 (+0.96%)

QE: 10,578.43 (+0.17%) (YTD: +2.71%)

MSM: 3,858.62 (-0.45%) (YTD: -10.76%)

BB: 1,490.42 (+1.00%) (YTD: +11.45%)

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