EGP / USD CBE market average: Buy 16.52 | Sell 16.66

EGP / USD at CIB: Buy 16.55 | Sell 16.65

EGP / USD at NBE: Buy 16.52 | Sell 16.62

EGX30 (Monday): 14,304 (-0.7%)

Turnover: EGP 917 mn (57% above the 90-day average)

EGX 30 year-to-date: +9.7%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session down 0.7%. CIB, the index’s heaviest constituent, ended down 0.3%. EGX30’s top performing constituents were Heliopolis Housing up 2.4%, Palm Hills up 2.1%, and Orascom Investment Holding up 1.8%. Yesterday’s worst performing stocks were Telecom Egypt down 5.2%, Eastern Co down 2.3% and CIRA down 2.2%. The market turnover was EGP 917 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -108.4 mn

Regional: Net Long | EGP +24.1 mn

Domestic: Net Long | EGP +84.3 mn

Retail: 62.7 of total trades | 65.6% of buyers | 59.8% of sellers

Institutions: 37.3% of total trades | 34.4% of buyers | 40.2% of sellers

WTI: USD 56.21 (+2.44%)

Brent: USD 59.73 (+1.88%)

Natural Gas (Nymex, futures prices) USD 2.20 MMBtu (-0.41%, September 2019 contract)

Gold: USD 1,506.90 / troy ounce (-0.41%)

TASI: 8,565.79 (+0.45%) (YTD: +9.44%)

ADX: 5,027.62 (-0.23%) (YTD: +2.29%)

DFM: 2,790.71 (-0.22%) (YTD: +10.32%)

KSE Premier Market: 6,605.90 (+0.51%)

QE: 9,806.13 (+0.24%) (YTD: -4.79%)

MSM: 3,868.62 (+0.16%) (YTD: -10.53%)

BB: 1,529.32 (-0.07%) (YTD: +14.36%)

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