EGP / USD CBE market average: Buy 16.54 | Sell 16.66

EGP / USD at CIB: Buy 16.54 | Sell 16.64

EGP / USD at NBE: Buy 16.56 | Sell 16.66

EGX30 (Monday): 13,628 (-0.3%)

Turnover: EGP 703 mn (9% above the 90-day average)

EGX 30 year-to-date: +4.5%

THE MARKET ON MONDAY: The EGX30 ended Sunday’s session down 0.3%. CIB, the index heaviest constituent ended down 1.1%. EGX30’s top performing constituents were SODIC up 2.5%, Heliopolis Housing up 2.5%, Orascom Development up 2.4%. Yesterday’s worst performing stocks were Juhayna down 2.7% and Telecom Egypt down 2.4%. The market turnover was EGP 703 mn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -15.0 mn

Regional: Net Short | EGP -60.8 mn

Domestic: Net Long | EGP +75.8 mn

Retail: 40.3% of total trades | 37.6% of buyers | 43.0% of sellers

Institutions: 59.7% of total trades | 62.4% of buyers | 57.0% of sellers

WTI: USD 59.45 (-0.22%)

Brent: USD 66.35 (-0.20%)

Natural Gas (Nymex, futures prices) USD 2.40 MMBtu, (-0.42%, Aug 2019 contract)

Gold: USD 1,416.10 / troy ounce (+0.18%)

TASI: 9,044.21 (+0.32%) (YTD: +15.56%)

ADX: 5,041.95 (-0.28%) (YTD: 2.58%)

DFM: 2,715.70 (+0.40%) (YTD: +7.35%)

KSE Premier Market: 6,724.25 (-0.75%)

QE: 10,595.55 (-0.04%) (YTD: +2.88%)

MSM: 3,785.57 (-0.22%) (YTD: -12.45%)

BB: 1,533.97 (-0.20%) (YTD: +14.71%)