EGP / USD CBE market average: Buy 16.54 | Sell 16.67

EGP / USD at CIB: Buy 16.55 | Sell 16.65

EGP / USD at NBE: Buy 16.58 | Sell 16.68

EGX30 (Thursday): 13,997.40 (-0.99%)

Turnover: EGP 723 mn (3% above the 90-day average)

EGX 30 year-to-date: +7.4%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 0.99%. CIB, the index heaviest constituent ended down 0.2%. EGX30’s top performing constituents were Sarwa Capital up 3.0%, and Qalaa Holdings up 1.0%. Thursday’s worst performing stocks were Ezz Steel down 7.9%, Egypt Kuwait Holding down 3.7% and Emaar Misr down 3.1%. The market turnover was EGP 723 mn, and regional investors were the sole net sellers.

Foreigners: Net long | EGP +32.6 mn

Regional: Net short | EGP -43.2 mn

Domestic: Net long | EGP +10.6 mn

Retail: 60.8% of total trades | 63.5% of buyers | 58.1% of sellers

Institutions: 39.2% of total trades | 36.5% of buyers | 41.9% of sellers

WTI: USD 57.51 (+0.30%)

Brent: USD 64.23 (+1.47%)

Natural Gas (Nymex, futures prices) USD 2.42 MMBtu, (+0.33%, August 2019 contract)

Gold: USD 1,400.10 / troy ounce (-1.46%)

TASI: 8,846.53 (-0.08%) (YTD: +13.03%)

ADX: 4,999.46 (+0.20%) (YTD: +1.72%)

DFM: 2,660.53 (-0.21%) (YTD: 5.17%)

KSE Premier Market: 6,544.28 (+0.59%)

QE: 10,566.52 (-0.23%) (YTD: +2.60%)

MSM: 3,822.59 (-0.06%) (YTD: -11.59%)

BB: 1,511.20 (+0.85%) (YTD: +13.01%)

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