EGP / USD CBE market average: Buy 16.49 | Sell 16.62

EGP / USD at CIB: Buy 16.50 | Sell 16.60

EGP / USD at NBE: Buy 16.50 | Sell 16.60

EGX30 (Tuesday): 15,000 (-0.7%)

Turnover: EGP 712 mn (17% above the 90-day average)

EGX 30 year-to-date: +15.1%

THE MARKET ON TUESDAY: The EGX30 ended Tuesday’s session down 0.7%. CIB, the index’s heaviest constituent, ended down 0.9%. EGX30’s top performing constituents were AMOC up 2.7%, Sidi Kerir Petrochemicals up 2.3%, and Elsewedy Electric up 2.0%. Yesterday’s worst performing stocks were CIRA down 3.7%, Juhayna down 3.3% and Eastern Co down 3.0%. The market turnover was EGP 712 mn, and local investors were the sole net buyers.

Foreigners: Net Short | EGP -30.3 mn

Regional: Net Short | EGP -13.8 mn

Domestic: Net Long | EGP +44.1 mn

Retail: 63.7% of total trades | 65.6% of buyers | 61.8% of sellers

Institutions: 36.3% of total trades | 34.4% of buyers | 38.2% of sellers

WTI: USD 53.96 (+0.04%)

Brent: USD 58.24 (-0.03%)

Natural Gas (Nymex, futures prices) USD 2.35 MMBtu, (-0.51%, Oct 2019 contract)

Gold: USD 1,557.30 / troy ounce (+0.09%)

TASI: 7,924.18 (-0.59%) (YTD: +1.25%)

ADX: 5,105.12 (-0.99%) (YTD: +3.87%)

DFM: 2,876.44 (-0.46%) (YTD: +13.70%)

KSE Premier Market: 6,560.19 (+0.14%)

QE: 10,300.01 (+0.25%) (YTD: +0.01%)

MSM: 4,016.62 (+0.35%) (YTD: -7.10%)

BB: 1,543.18 (+0.16%) (YTD: +15.40%)

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