EGP / USD CBE market average: Buy 16.50 | Sell 16.62

EGP / USD at CIB: Buy 16.50 | Sell 16.60

EGP / USD at NBE: Buy 16.50 | Sell 16.60

EGX30 (Monday): 15,110 (+1.2%)

Turnover: EGP 1.1 bn (80% above the 90-day average)

EGX 30 year-to-date: +15.9%

THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.2%. CIB, the index’s heaviest constituent, ended up 1.5%. EGX30’s top performing constituents were Orascom Construction up 8.7%, CIRA up 5.5%, and Elsewedy Electric up 4.8%. Yesterday’s worst performing stocks were Ezz Steel down 8.1%, Juhayna down 3.4% and Egyptian Iron & Steel down 2.6%. The market turnover was EGP 1.1 bn, and foreign investors were the sole net buyers.

Foreigners: Net Long | EGP +33.7 mn

Regional: Net Short | EGP -9.1 mn

Domestic: Net Short | EGP -24.7 mn

Retail: 60.6% of total trades | 53.0% of buyers | 68.2% of sellers

Institutions: 39.4% of total trades | 47.0% of buyers | 31.8% of sellers

WTI: USD 54.74 (-0.65%)

Brent: USD 58.66 (-1.00%)

Natural Gas (Nymex, futures prices) USD 2.31 MMBtu, (+1.23%, Oct 2019 contract)

Gold: USD 1,535.10 / troy ounce (+0.37%)

TASI: 7,971.14 (+0.74%) (YTD: +1.85%)

ADX: 5,156.00 (+0.68%) (YTD: +4.90%)

DFM: 2,889.81 (+4.77%) (YTD: +14.23%)

KSE Premier Market: 6,550.92 (-0.32%)

QE: 10,274.15 (+0.20%) (YTD: -0.24%)

MSM: 4,002.66 (-0.05%) (YTD: -7.43%)

BB: 1,540.75 (+0.50%) (YTD: +15.22%)

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